Category: Myanmar

Suspended International Infrastructure Projects Resumed in Myanmar A number of development projects implemented with Official Development Assistance loans from Japan and South Korea have restarted after they were suspended following last year’s coup. Among the projects are the Yangon-Dala Bridge, funded by South Korea, and the Thanlyin Bridge and the upgrading of the Yangon circular […]

India-Myanmar Road Project Nearing Completion, Says Mizoram Governor India entered into a framework agreement with Myanmar in April 2008 to facilitate the implementation of the project. Mizoram Governor Hari Babu Kambhampati has said construction of the 87-km stretch of a cross border road between the state’s Lawngtlai town and neighbouring Myanmar’s Sittwe port is nearing […]

“Very large contraction” predicted for Myanmar as investors flee turmoil As the post-coup situation in Myanmar worsens investors have suspended or cancelled major infrastructure projects, causing a “very large contraction” in the country’s construction market with the prospect of growth pushed back to the second half of the decade, according to Fitch Solutions Country Risk […]

World ranking published of best – and worst – countries to be a construction worker The most dangerous places to be a construction worker are Myanmar and Uganda Clothing maker Workwear Guru has compiled a ranking of the best and worst countries in the world to be a construction worker, based on wages, cost of […]

Agreement Moves Myanmar’s Kyaukphyu Port Project a Step Forward An agreement to conduct preliminary field investigation work for the Kyaukphyu Special Economic Zone (SEZ) Deep Sea Port Project has been signed, signaling another step forward for the project, which forms part of China’s Belt and Road Initiative (BRI) plans in Myanmar. The project’s main developer, […]

China Opens Rail Line and Trade Route to Indian Ocean Through Myanmar China last month inaugurated a new trade route via ship, road and rail running through Myanmar in keeping with Beijing’s dogged building spree across the Southeast Asian country to reach the Indian Ocean and points west. Analysts say it is one more strand […]

Myanmar unveils new Nationally Determined Contribution The country’s share of solar and wind energy will remain consistent. Myanmar is setting a conditional target, with international support, of avoiding 144 MtCO2eq of greenhouse gas (GHG) emissions by 2030 against that which was predicted under the Business as Usual (BAU) scenario of 297 MtCO2eq. Enerdata reported that […]

Myanmar Invites Bids for New Solar Power Projects Myanmar is seeking tenders to implement 12 solar power projects to raise foreign currency, with some 40 firms including Thai and Chinese companies planning to make bids. Bids for the 12 solar power projects were invited on May 24 and tenders are to be submitted by August […]

Thailand’s PTT Group fast-tracks power plans – targets 16GW by 2030 PTTEP is overseeing a gas-to-power plant development project in Myanmar PTT Group is putting its power business on the fast track, with generation capacity expected to increase by at least 1 gigawatt each year in a bid to achieve a target of 16GW by […]

Aeon Mall postpones Yangon shopping mall construction after February coup Aeon Mall Co, a developer of shopping malls under major Japanese retailer Aeon Co, has postponed construction of a mall being planned in Myanmar’s largest city Yangon, according to a source familiar with the project. The shopping mall developer had eyed this summer to start […]