Category: Myanmar

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 […]

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 […]

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 […]

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 […]

India’s Supreme Court clears hurdle in highway connecting India, Myanmar and Thailand India had signed an agreement with Myanmar on August 29, 2016 for construction and upgrading of 69 bridges of Second World War vintage as part of the ambitious road project beginning from Manipur till Thailand. The Supreme Court has cleared a major roadblock […]

Yangon Elevated Expressway project planned for Myanmar Tendering is underway for the elevated expressway project planned for Myanmar. Building the Yangon Elevated Expressway project is expected to cost US$900 million. The tender process will remain open until 1st September 2020. So far 10 companies are expected to enter the bidding for the work. The Yangon […]

Japanese trio to build Mynamar LNG-to-power project in Thilawa, Myanmar Japanese trading firms Marubeni, Sumitomo, and Mitsui & Co have signed a deal to build an LNG-to-power project in Thilawa, Myanmar. The trio also teamed up with Myanmar’s conglomerate Eden Group to build the project tipped to be worth up to $2 billion. Myanmar’s government […]

Japanese companies Marubeni, Sumitomo Corp. and Mitsui to build a liquefied natural gas-fired power plant in Myanmar Trading houses Marubeni, Sumitomo Corp. and Mitsui & Co. will build a liquefied natural gas-fired power plant in Myanmar, one of the biggest investments by Japanese companies in the Southeast Asian country, Nikkei Asian Review reported. The three […]