Category: Myanmar

Construction of four-lane road from Yangon to Thilawa will complete in December 2019 01 October 2019 With the aim to be secure transportation access to the Thilawa Special Economic Zone from Yangon, the construction of four-lane road linking from Thanlyin Bridge to Thilawa will be completed in December, according to JICA Myanmar Office. The JICA […]

Offshore Myanmar Contract Goes to McDermott McDermott has won a FEED contract for the Shwe Phase 3 gas field development offshore Myanmar. POSCO International Corp. has awarded McDermott International, Inc. a front-end engineering design (FEED) contract for the Shwe Phase 3 gas field development offshore Myanmar, McDermott reported Tuesday. The scope of work under the […]

Construction of 22 hotels and guesthouses approved in Yangon within five months 24 September 2019 Yangon Region accepted the construction of 22 hotels and guesthouses within five months worth of K 130,161 million and US$ 238.29 million, according to the press conference of Yangon region travel work committee held on September 23. Yangon region travel […]

Prospects look bright for South Korean-backed industrial complex near Yangon 24 September 2019 The Korea-Myanmar Industrial Complex (KMIC) is set to be among the best industrial complexes in Myanmar and will help unlock the potential of Myanmar, China, India, and ASEAN as markets, Kim Gunwoo, general manager of the Korea Land and Housing Corporation (Myanmar), […]

Myanmar and Thailand accelerate plans to link, electrify Dawei SEZ 07 October 2019 Myanmar and Thailand will speed up development of a Special Economic Zone (SEZ) and deep sea port at Dawei in Tanintharyi Region, officials said during the 9th Myanmar – Thailand Joint Coordinating Committee meeting last week. Basic infrastructure such as roads connecting […]

Myanmar’s Pounamu Design and Construction is building a sustainable bamboo practice 19 September 2019 As a bamboo design and construction company, Pounamu’s business relies on the supply of bamboo. So in 2017, the company thought: How can we make the business more sustainable? The answer lies in training communities on sustainable bamboo forestry, treatment, and […]

Myanmar’s 280-megawatt Yeywa hydropower project to finish build in 2022 20 September 2019 Myanmar is planning to finish the construction of 280-megawatt Upper Yeywa hydropower project in 2022 and it will produce 1.409 billion kilowatts hours of electricity annually, according to Ministry of Electricity and Energy. Hydropower Implementation Department is developing Upper Yeywa hydropower project […]

Three Japanese companies to take part in Yangon-Mandalay Railway Project Phase 1 as main contractor 19 September 2019 Three Japanese companies are going to take part in upgrading the Phase-One of Yangon-Mandalay Railway Project as main contractors and A1, Shwetaung, Dagon and Max from Myanmar as sub-contractors, according to Myanma Railways. The Phase-One of Yangon-Mandalay […]

Myanmar to use US$1 billion loan for infrastructure projects 09 September 2019 Economic development, agriculture, electricity, and infrastructure projects will be the focus of a framework for loans between South Korea and Myanmar. On September 3, Union Minister for Investment and Foreign Economic Relations U Thaung Tun and South Korea’s Minister for Foreign Affairs Ms […]