The State Peace and Development Council (SPDC) had formed the Myanma Industrial Development Committee (MIDC) in 1995 with 15 Ministers as members and 2 Deputy Ministers as Secretary and Joint Secretary. The Committee then organized a Working Committee (MIDWC) with the Minister of Ministry of Industry (2) as Chairman and the Director General and a Director of the Directorate of  Myanma Industrial Planning as Secretary and Joint Secretary respectively. The Working Committee implements all the tasks laid down by the MIDC with the assistance of 9 Sub-Committees.

The objectives of the MIDC as approved by the SPDC are given as follows:-

• Development of industries with agriculture as the base.

• Enhancement of quantity and quality of industrial products

• Increased production of new types of machinery and equipment

• Production of machinery and equipment for industrial use.

• Creation of suitable conditions for changing over to an Industrialized state.

The MIDC had designated (18) industrial zones in those areas where there exist substantial numbers of private industries. Previously almost all private industries were operating in towns and cities creating pollution, causing electricity shortages in the neighbourhood and other problems such as health hazard, and danger of fire. Yangon city faced many difficulties with the rise in population and modern buildings. The Department of Human Settlement and Housing Development therefore established industrial zones or parks round about Yangon city to mitigate these problems.  Each industrial zone is managed by a Zone Management Committee whose members are appointed by the Regional Industrial Supervision Committee. The industrial zones now in existence or about to be established in the near future are as follows:-