Myanmar News
Japan’s foreign minister announced a multibillion-dollar initiative yesterday to promote development in Southeast Asia’s Mekong region, which encompasses parts of Vietnam, Laos and Thailand through which the river flows. In a speech at Chulalongkorn University in Bangkok, Fumio Kishida affirmed the importance of Southeast Asia’s economic prosperity to Japan. He pledged 750 billion yen (USD7 […]
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Hemaraj Land and Development Pcl., one of Thailand’s top industrial real estate developers, is seeking permission to build two massive manufacturing zones in the central province of Nghe An, the provincial government’s website reported on Wednesday. Located near each other in the southeast of Nghe An, one of the industrial parks will cover more than […]
Continue ReadingBuilk Asia launched last week as an e-commerce portal that connects steel producers with buyers in the construction industry. After a year of testing its e-commerce operations, Builk Asia’s Builk.com launched last week as a portal where construction companies in Thailand and other Asian countries can buy steel and other construction materials and products. Builk.com […]
Continue ReadingA UNIT of Soilbuild Construction Group has won a construction contract worth US$95.0 million or around S$128.7 million from a developer in Myanmar, the mainboard-listed group said in a Singapore Exchange filing on Monday. It added that the subsidiary, Soilbuild (Myanmar) Company, will be the main contractor for the project by United GP Development. The […]
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Myanmar has approved a $2.6-billion investment by Longwin Global Petrochemical Co Ltd, a joint venture company, to set up a five million MT oil refinery along with related logistics facilities in Tanintharyi region, located in the southern part of the country, website dealsteetasia reported on 24 April. The project includes construction of the refinery, sales […]
Continue ReadingSPET Monthly Members Meeting – “Case Study Shweli 3 Hydropower Project in Myanmar” By Christof Rohrer of AF-Consult Engineering Thursday, 19th May 2016, 6:30pm at the British Club, Soi 18, Silom Road, Bangkok The AF-Consult presentation on Shweli 3 Hydropower Project will touch on consultancy services of large Hydropower Projects with RCC dams. This will […]
Continue ReadingElectric trains that ran in Japan for decades are being offered to Myanmar as part of efforts to upgrade the state-run railway network. Although the technology is relatively old, it is new to Myanmar, which explained the presence in Japan of 10 employees of Myanmar Railways to learn how to strip an electric train engine […]
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Myanmar’s nascent democracy has plans for massive PV plants that could increase generation capacity more than 12%. Myanmar’s adoption of solar is arguably one of the fastest in history. The former Burma, which only fully emerged from dictatorship last year, when the first non-military President was elected since the Military coup of 1962, is currently […]
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A Chinese state-affiliated company plans to build an oil refinery near a special economic zone in Dawei, Myanmar, a development led by the Japanese and Thai governments. The move may force Japanese companies to review their plans to pursue opportunities offered by the development of the Dawei special economic zone in the southwestern Myanmar city. […]
Continue ReadingThe construction market has slowed considerably in Yangon over the past year but developers hope that good times for the industry will return under the new government. When the Union Solidarity and Development Party first took power, development boomed, with high-rises, flyovers, bridges and luxury condominiums built at speed, fuelled by both foreign and local […]
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