Category: Myanmar

Asian Development Bank’s $180 Million USD funding to support construction of New Water Transmission Network in Yangon City, Myanmar The Asian Development Bank (ADB) will provide $180 Million USD in funding to support construction of a new water transmission network for the city of Yangon, Myanmar. The 34-kilometer system will include a new intake structure […]

Myanmar developing 4,000 MW of LNG-to-power projects Myanmar is developing 4,000 MW of LNG-to-power projects as natural gas imports rise in response to reduced hydroelectric supply and declining domestic gas production, the country’s energy minister said in the run-up to the Japan Producer-Consumer Conference 2020. The Southeast Asian country began its first LNG imports in […]

The Impact of Covid-19 on Myanmar’s Real Estate Market The 1st Wave – Covid-19 enters Myanmar Since the first cases of Covid-19 was announced on 23rd March, the local economy, including the real estate industry, went into a rapid downward trend, especially due to the closure of borders, airports, public transport and blocked imports of […]

Yangon’s Dala bridge construction suspended over COVID-19 cases Construction works on the Dala bridge will be suspended after four Myanmar engineers from the construction team tested positive for COVID-19, U Tun Yin, regional Hluttaw MP from Dala, said. “It is impossible to continue the construction work. If we do not suspend work now, the virus […]

Plans for wind power from Chinese firm fall apart in Myanmar Myanmar’s first wind power project in the doldrums after the government changes direction on how it backs projects Residents of Chaung Tha, a holiday resort and village on the Bay of Bengal, still rely on diesel generators to get them through electricity blackouts more […]

Two Chinese firms conduct feasibility studies for construction of Myanmar’s Dawei SEZ oil refinery Two Chinese firms will commence feasibility studies for the construction of an oil refinery in Dawei Special Economic Zone (SEZ) in Tanintharyi Region soon. Yunnan Indo-Pacific Group and CNPC East China Design Institute will conduct the feasibility studies in cooperation with […]

Construction sector in Myanmar worried over work-from-home order Construction companies are worried over the impact of a national work-from-home (WFH) order as a result of COVID-19 on their businesses. “We have made arrangements in accordance with instructions from the authorities but as we can’t provide transport for every worker, construction work will be suspended if […]

Myanmar to build inland ports to improve river transportation The Ministry of Transport and Communications is planning to develop several inland ports at the Ayeyarwady River and Chindwin River, to improve inland logistics and river transportation, said Toe Aung Lin, a director at the ministry’s Directorate of Water Resources and Improvement of River Systems. New […]

Germany’s Roland Berger to manage procurement process $1.5bn Myanmar development near Yangon The New Yangon City Development Company has hired German consultant Roland Berger to manage the procurement process for a $1.5bn urban quarter to be built on the west side of the Yangon River. The 8,100ha industrial-commercial zone was to have been built as […]

Dusit International opens ASAI hotel brand with opening of ASAI Bangkok Chinatown Dusit International will begin rolling out its new ASAI Hotels brand this month with the opening of ASAI Bangkok Chinatown in the heart of the city’s renowned Chinatown district. Six other properties will follow the 15 September opening of ASAI Chinatown as the […]