Located in Thilawa Special Economic Zone, the plant is currently on a test run, churning out 800-1,000 tonnes of steel a month. The plant was completed recently after construction began just over two years ago, following an initial three years of feasibility study after the investment plan was announced. The remaining 90 per cent is owned 50:50 by Millcon and its fellow Thai partner in the project, General Engineering. “Our achievement is attributable to our employees – those stationed in Bangkok and relocated to Myanmar – who shared the goal to get the plant up and running as soon as possible. “Indeed, it hasn’t been that much beyond our expectations, particularly concerning rules and regulations as they tend to differ from country to country.

Source: The Nation Bangkok November 20, 2016 18:12 UTC