Category: Myanmar

Keppel Land to divest from Myanmar hotel project for $57.4 million Keppel Land and its subsidiary Double Peak Holdings say they are divesting their 100 per cent stake in Greenfield Development for US$57.4 million in cash, reports the Straits Times. Greenfield Development wholly owns Straits Greenfield, which has the right to build and operate a […]

Myanmar’s first wind power project cooperation signed, new step under BRI – deal covers three wind power projects A deal for Myanmar’s first wind power project with the participation of a Chinese energy infrastructure company was signed on Wednesday, a major step in bilateral new-energy cooperation, the Chinese Embassy in Myanmar said in a statement […]

China and Myanmar resume work on Muse-Kyaukphyu railway A Chinese state-owned company and the military regime are quietly pushing forward with a railway line that would run through active conflict zones, after lengthy delays due to Myanmar’s wariness, COVID-19 and then the coup. By FRONTIER A Chinese state company has resumed preliminary work in Myanmar […]

Myanmar-Bangladesh Railway Connection Provides Benefits For Region In 1918, work began on a railway that the British hoped would provide a trade link between the subcontinent and China and its remains are rich with history. The British had some grand plans for Burma under colonial rule and they included an ambitious project to build a […]

Green Power Energy starts operating a 20 MW solar plant in Myit Thar, Myanmar Green Power Energy has successfully commissioned the Taung Daw Gwin solar project in Myit Thar, Myanmar. Its Gold Energy subsidiary won a bid to develop the 20 MW array in a utility-scale PV tender. Green Power Energy (GPE), a subsidiary of […]

Green Power Energy’s 20 MW Taungdaw Gwin Build-Own-Operate Solar Plant Commissioned in Myanmar Mandalay, Myanmar, Dec 30, 2022 – (ACN Newswire) – Myanmar’s latest solar energy plant, the 20 megawatt (MW) build-own-operate (BOO) Taungdaw Gwin project, has been officially opened, adding a new chapter to the country’s sustainability and electrification efforts, its developer announced today. […]

Yoma Strategic Holdings to sell land of StarCity project in Thanlyin, Yangon to Yoma Bank for US$40 million Mainboard-listed Yoma Strategic Holdings has sold the land on which the StarCity project is to be developed on to Yoma Bank. Yoma Strategic Holdings’ subsidiaries, Thanlyin Estate Development Limited (TED) and Star City International School Company Limited […]

Myanmar’s Plans to build seaport and international airport in Mawlamyaing Plans are underway to build a seaport and an international airport in Mawlamyaing Township, Mon State, said Prime Minister Senior-General Min Aung Hlaing, Chairman of State Administration Council (SAC). The SAC Chairman met with MSME businesspersons from Mon State at the state hall in Mawlamyaing […]

Chinese-Backed Power Plant Opens in Myanmar’s Rakhine State A Chinese-backed power plant that forms an important part of the China-Myanmar Economic Corridor (CMEC) scheme in Myanmar’s western Rakhine State opened this week, signaling that Beijing is moving forward with its projects in post-coup, conflict-torn Myanmar. The US$180-million, gas-fired 135-MW power plant in the Kyaukphyu Special […]