Category: Myanmar

Thai PTTEP set to invest $2bn in Myanmar gas fields and power plant State-owned explorer to ramp up operations to address neighbor’s energy shortages PTT Exploration and Production, a unit of Thailand’s state-owned energy conglomerate PTT, plans to invest $2 billion in the development of natural gas fields and power plant construction in Myanmar. The […]

Myanmar’s Yangon Amata Smart & Eco-City project kicked off on 27 December 2020 The groundbreaking ceremony marked yesterday (27.12.2020) Thailand-backed Yangon Amata Smart and Eco City project on 2,000 acres of land near Dagon Myothit (East) and (South) townships. The project is jointly developed by the Department of Urban and Housing Development Department under the […]

Myanmar Lailenpi Airport, the second airport in Chin State, expected to open in 2021 Construction of Lailenpi Airport, the second airport in Chin State, is expected to open early next year and is already about 80 percent complete, said an official of the Chin State government. Once complete, the Lailenpi Airport will have the capacity […]

First construction phase of Korea-Myanmar Industrial Complex (KMIC) in Hlegu township, Yangon, to commence December 2020 The first phase of construction of the Korea-Myanmar Industrial Complex (KMIC) in Hlegu township, Yangon, will commence on 24 December 2020. “We are trying to carry out the KMIC project development in a timely manner so that international investors […]

Myanmar to start three joint major infrastructure Yangon projects with South Korea, Singapore and Thailand Amid efforts to secure foreign investment to mitigate the impact of the COVID-19 pandemic on Myanmar’s economy, the government expects implementation of three major infrastructure projects planned for Yangon Region with the participation of South Korea, Singapore and Thailand to […]

Myanamr’s Yangon permits work to resume at over 100 construction sites Yangon permits work to resume at over 100 construction sites The Yangon Region Construction Supervision Committee has allowed work to resume at more than 100 construction sites in compliance with COVID-19 restrictions in Yangon Region, said U Myo Myint, associate secretary (1) at the […]

Construction of highway connecting Myanmar’s Dawei SEZ to the Thai border to commence next year The construction of a 140-kilometer two-lane highway connecting the Dawei Special Economic Zone (SEZ), in Tanintharyi Region to the Htikhee at the Thai border  [Phu Nam Ron, Kanchanaburi province] will commence in mid-2021, according to the Dawei SEZ Management Committee. […]

Myanmar to complete 135-megawatt gas-fired Rakhine power plant next year A US$170 million gas power plant project now being constructed in Kyaukphyu, Rakhine State, is expected to be complete before the end of 2021, said U Htu Htu Aung, deputy CEO of Supreme Trading Company, which is implementing the project. The project was given the […]

Four massive Thai conglomerates to ink Myanmar pact to develop an 800-square-kilometre industrial estate Massive industrial estate in the works for B.Grimm Group, Amata Corporation, PTT and Global Power Synergy Four massive Thai conglomerates — B.Grimm Group, Amata Corporation, PTT and Global Power Synergy — have entered into an agreement to develop an 800-square-kilometre industrial […]