Myanmar News
MAE SOT – A groundbreaking ceremony was held on Sunday for the second Thai-Myanmar Friendship Bridge that will play a key role in the East-West Economic Corridor traversing continental Southeast Asia. The ceremony for the bridge linking the Myanmar border town of Myawaddy and the Thai town of Mae Sot was attended by government leaders […]
Continue ReadingIn its push for coal-fired mega-projects, the government risks turning its back on sufficiency-economy thinking and the need for ‘clean’ energy We are in the countdown to the United Nations Climate Change Conference, to be held in Paris from November 30 to December 11. This is the 21st session of the Conference of the Parties […]
Continue ReadingNewly-appointed Transport Minister Arkhom Termpittayapaisith has vowed to kick-start the construction of 17 megaprojects valued at 1.6 trillion baht before the end of next year as part of a plan to stimulate the economy. He was speaking after delivering his policy address to ministry agencies on Wednesday. The ministry will speed up the bidding process for the projects and bring forward […]
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Mega Home Center Co, operator of the home and construction materials chain, expects the market to slow down as seasonal negative factors such as rain and floods have hurt the construction sector, especially in rural areas. Chief operating officer Supornsri Naktanasukan said sales and construction normally decreased during the rainy season, However, this year the sector […]
Continue ReadingInitiated by China, the “One Belt, One Road” strategy will gradually reshape the Eurasian continent, but within this grand vision of a “New Silk Road”, it is the construction of the Kra Canal in the south of Thailand which could have the greatest impact. No official announcement has been made on the realization of this […]
Continue ReadingNAM TOK, Thailand (AP) — Wielding a machete, Rod Beattie slashes at tangled undergrowth and soaring bamboo to expose vistas from one of World War II’s iconic sagas. Out of the jungle appear remnants of a railway that cost the lives of more than 100,000 Allied prisoners and Asians enslaved by Japan’s Imperial Army. As […]
Continue ReadingAug 7 Thailand’s leading construction firm Italian-Thai Development PCL said on Friday it was in talks with Myanmar authorities to build a $500 million liquefied natural gas (LNG) import terminal at Dawei industrial zone in southern Myanmar. The LNG plan is part of $1.7 billion deal to develop the first phase of the long-delayed Dawei […]
Continue ReadingMyanmar has signed a concession agreement with a consortium of private developers, including Italian-Thai Development (ITD) Public Company, for the Dawei special economic zone (SEZ) almost two years after ITD withdrew from the project citing financial difficulties. The new consortium includes ITD, Japanese-Thai joint venture Rojana Industrial Park Public Company and LNG Plus International Company, […]
Continue ReadingNineteen international firms including PTT Plc have responded to the invitation of Myanmar Petroleum Enterprise (MPE) to bid for joint ventures at a new liquid petroleum gas (LPG) factory in Thanlyin, the Energy Ministry has announced. Proposals will include construction, production and distribution contracts at the port, which is situated just 10 kilometres southeast of […]
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An artist’s rendering of the future passenger terminal at Mae Sot airport. Mae Sot airport will better serve as Thailand’s gateway to Myanmar when a 1.5-billion-baht makeover is completed in 2018. The ongoing works will cater to a surge in air traffic demand spurred by the planned creation of a special economic zone for the northwestern […]
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