Category: Myanmar

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 […]

TPC Power Holding preps two new clean energy projects in Myanmar and the region TPC Power Holding (TPCH), the renewable power generation arm of construction firm Thai Polycons Plc, expects to conclude soon its new clean energy projects in Myanmar and the region. The company is pushing ahead with the projects after seeing growing demand […]

Myanmar plans to build a small-scale nuclear power plant in next few years YANGON — The establishment of nuclear technology information centers will start in Yangon and the construction of a small-scale nuclear power plant will be done in the next few years, said Major General Zaw Min Tun, Deputy Minister of the Ministry of […]

Bangladesh finally decides to connect to Trans-Asian railway with 129 km rail track near Myanmar border via Cox’s Bazaar Bangladesh has finally taken the decision to get connected to the Trans-Asian railway, one of the most comprehensive networks of rail lines that connect Europe with Asia. The 129 km rail track will span from Dohazari […]

Myanmar takes tenders for new international container terminal near Mawlamyine in Mon State Myanmar’s Ministry of Transport and Communications has invited tenders to conduct a feasibility study for the construction of a new international standard port near Mawlamyine in Mon State. According to a statement by the Myanmar Port Authority on 29 May, the study […]

Myanmar proposes to include $2.5-bn Mee Lin Gyaing Project in early projects of China-Myanmar Economic Corridor Myanmar is proposing to include the Mee Lin Gyaing Project including a LNG power plant and gas pipelines connecting with Yangon with an estimated investment value of US$2.5 billion in the list of early harvest projects of the China-Myanmar […]

Myanmar suffers power cuts amid turmoil, rising costs Myanmar is suffering frequent power outages following last year’s military coup and as energy prices rise. The military-controlled electricity and energy ministry says transmission equipment at hydro-power plants has been destroyed by militant forces. The ministry also says some natural gas-fueled power plants have suspended operations because […]