Thilawa Special Economic Zone (SEZ) is being developed 25 kilometres south of Yangon by a company named Myanmar Thilawa SEZ Holdings. This company comprises of nine local Myanmar companies and was established in the year 2013. Myanmar Thilawa SEZ Holdings has partnered with three Japanese companies in order to develop Thilawa SEZ which will span over a large area of around 400 hectares. Mitsubishi Corp., Marubeni and Sumitomo Corp. are the three Japanese trading houses that are assisting Myanmar Thilawa SEZ Holdings in completing this project.
After the Yangon Stock Exchange (YSX) held its Grand Opening Ceremony on December 9, 2015 Myanmar Thilawa SEZ Holdings started preparing to get listed there. Now, those preparations are complete and it is expected that YSX will soon accept and enlist this company without any issues. This will make this company the second Myanmar Company to go public. Even though Myanmar Thilawa SEZ Holdings has no plans of issuing new shares after being listed on YSX but this development will make it eligible to do so whenever it requires raising money for expansion in future.