Displaced Thilawa farmers paid K42m in compensation

YANGON — A group of farmers displaced by the Thilawa Special Economic Zone has been paid compensation totalling K42.21 million (about US$37,000), state-run media reported on July 10.

Myanma Port Authority had compensated the eight farmers for two plots covering 6.3 acres, a rate of K6.7 million an acre, the Global New Light of Myanmar said.

It quoted a volunteer who had helped the farmers receive the compensation payout, U Soe Maung, as saying the process was difficult.

Farmers said the MPA was yet to pay compensation for another three plots, the daily reported.

The initial development phase of the 2,400-hectare Thilawa SEZ covers 400ha, of which 189ha will be commissioned in September, the report said.

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The SEZ, on the Yangon River just south of Thanlyin in Yangon Region, is a Myanmar-Japanese joint venture.

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