What’s New in Myanmar’s Project Bank

What’s New in Myanmar’s Project Bank The Myanmar government has added to the country’s “project bank” of officially endorsed infrastructure plans nearly six dozen new major investment projects worth billions of dollars, including the construction of research and laboratory facilities, expressways and bridges, power supply projects and inland ports across the country. Launched in February, […]

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Bangladesh-Myanmar railway construction project goes slow, delay to timetabled June 2022 completion

Bangladesh-Myanmar railway construction project goes slow, delay to timetabled June 2022 completion The Bangladesh-Myanmar railway construction project faces multiple setbacks, including delay in relocation of utility lines, acquiring lands and COVID-19 situation. Delay in the accomplishment of the project, which is timetabled to be completed by June 2022, may raise the project cost significantly. If […]

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Siemens Energy will help stabilize Myanmar’s electrification backbone grid with the first Siemens 500kV outdoor GIS in ASEAN

Siemens Energy will help stabilize Myanmar’s electrification backbone grid with the first Siemens 500kV outdoor GIS in ASEAN The company signed a contract with Sojitz Corporation, the prime contractor of Department of Power Transmission and System Control (DPTSC) of Myanmar, for two new turnkey 500/230kV of Phayargyi and Hlaingtharyar substations located in Yangon area. These […]

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New Avani Hotels & Resorts Opening Soon in Cambodia, Myanmar, Thailand and Vietnam

New Avani Hotels & Resorts Opening Soon in Cambodia, Myanmar, Thailand and Vietnam Avani Hotels & Resorts announced more than ten new properties will open in the coming years, including debuting in four new countries. In addition, despite the global economic slowdown from Covid-19, Avani has successfully completed a number of full-scale renovation projects at […]

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PJ Chonburi Parawood, Thailand’s leading home goods exporter acquires Myanmar’s largest rubberwood company

PJ Chonburi Parawood, Thailand’s leading home goods exporter acquires Myanmar’s largest rubberwood company For the last couple of years PJ Wood has focused on growing its manufacturing base in its Chonburi headquarters. As it continues to expand and shifts to be a truly regional company it has acquired Myanmar’s largest rubberwood company from a leading […]

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Myanmar’s Union Govt Splits Up Huge China-Backed New Yangon City Project

Myanmar’s Union Govt Splits Up Huge China-Backed New Yangon City Project The Union government has unbundled a controversial Chinese-backed multibillion-dollar new city project across the Yangon River from Myanmar’s commercial hub and is finalizing the hiring of an international consultant to assist in the selection of a developer for the newly compartmentalized project. Known as […]

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