Myanmar News
Marubeni has signed memorandum of understanding (MOU) with the Ministry of Electric Power of the Republic of the Union of Myanmar (MOEP) to develop environmentally friendly 1,800MW–2,000MW coal-fired power plant. Under the MOU, Marubeni will conduct feasibility study of power plant project using environmentally friendly and highly efficient ultra-supercritical technology in Tanintharyi region in the […]
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Thierry Loustau, managing director of LBL International, talks to the Post from his office in Phnom Penh on Wednesday. Eddie Morton Attracting $2.5 billion of foreign investment during the first half of this year alone, Cambodia’s construction sector has been repeatedly flagged as the next growth engine for the Kingdom’s economy. However the boom has […]
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The Electrical Authority of Thailand (EGAT) is considering partnering with PTT Pcl, the nation’s state-controlled gas supplier, to build a receiving terminal for liquefied natural gas supplies, according to Reuters. Natural gas is crucial to the nation, which is a net importer of oil and gas, and uses natural gas for 70 percent of its […]
Continue Reading10 September 2014 Myanmar Civil Aviation Department confirmed, Tuesday, that five local airports in Myanmar have the green light to approach private companies to take over the management. The Directorate of Civil Aviation head, Kyaw Soe, told local news channels that the agency has approved private management of Bagan-NyaungU, Heho, Tachilek, Thandwe and Kyaukphyu airports. […]
Continue Reading06 September 2014 Local and foreign companies are being sought to bid for construction projects in a special economic zone (SEZ) in Myanmar’s western state of Rakhine, officials said on Saturday. The Kyaukphyu SEZ will include a 16-metre deep port with a container-handling capacity of 8,000 20-foot equivalent units. “Tenders will be opened on Sept […]
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SEOUL, South Korea, July 18, 2014 /PRNewswire/ — POSCO Engineering & Construction (CEO: Tae-Hyun Hwang) announced on July 9 that it held a groundbreaking ceremony to build a hydroelectric power plant in the Phonhong District, 90 kilometers north of Vientiane, the capital of Laos. POSCO E&C Begins Construction of Nam Lik1 Hydroelectric Power Plant in […]
Continue ReadingTOYO-THAI CORPORATION, an integrated engineering procurement and construction contractor, is in talks to invest US$2.7 billion (Bt88 billion) in a 1,280-megawatt coal-fuelled power plant in Myanmar. The company expects to finalise the deal in the third quarter, said vice president and chief operating officer Surattana Trinratana.Yesterday saw a signing ceremony for a project loan worth […]
Continue ReadingEmerson Process Management opened a new 2,450-square-meter engineering and services center in Rayong, Thailand, to provide enhanced local support of its growing customer base in Indo-China. “The new facility is a strategic investment to support Emerson’s five-year plan for the region,” commented Sabee Mitra, president of Emerson Process Management Asia Pacific. “The plan is focused […]
Continue ReadingAmata B Grimm Power, one the largest small power producers (SPPs) in the country, has inaugurated two co-generation combined-cycle plants, Amata B Grimm Power (Rayong) 1 and 2. With a total investment value of Bt10 billion, the power plants have a combined generating capacity of 246 megawatts, of which 180MW is supplied to the Electricity […]
Continue ReadingChina is planning a large-scale engineering project that will see the construction of a railway from its south-west Yunnan Province to Singapore. The project will see the rail line travel through rural Laos, much of Thailand and Malaysia. The government in Laos has reportedly welcomed the deal with its neighbours with open arms, however there […]
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