South Korea’s Taekwang and Huchems Company Group (THCG), plans to invest approximately US$600 million to develop manufacturing facilities on 173 acres of land within the Thilawa Special Economic Zone. Construction will commence in 2015. THCG plans to expand its Myanmar business through investments in various liquefied petroleum gas, edible oil, fertilizer, petroleum, and liquid chemical projects. (Source: elevenmyanmar.com, 9 November 2014)