Sika eyeing to invest in Myanmar construction sector

The first and largest specialty chemicals company in Thailand, Sika, is planning to enter Myanmar’s construction sector, sources say. The company applied to the Directorate of Investment and Companies Administration (DICA) to open a branch office in Myanmar and the DICA approved its proposal on October 4. Sika (Thailand) was founded in 1989 and is […]

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Myanmar's wind power attracts Thai and other foreign firms

Firms from Thailand and China are studying the feasibility of wind power in Myanmar, where 70 per cent of the population has no access to electricity, media reports said Sunday. Gunkul Engineering Public Company Ltd of Thailand and China Three Gorges Company agreed to study wind power generation in separate parts of the country, Aung […]

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Myanmar’s wind power attracts Thai and other foreign firms

Firms from Thailand and China are studying the feasibility of wind power in Myanmar, where 70 per cent of the population has no access to electricity, media reports said Sunday. Gunkul Engineering Public Company Ltd of Thailand and China Three Gorges Company agreed to study wind power generation in separate parts of the country, Aung […]

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S. Korean bid wins contract to build Myanmar airport

Myanmar has picked South Korea’s state-run airport operator to build a new international hub near it’s main city, as the once-isolated nation sees booming tourist and business visitor numbers. A consortium led by the Incheon International Airport Corp (IIAC) was chosen as the preferred bidder to construct the Hanthawaddy International Airport as a second hub […]

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Build it and they might come – A planned Thai mega-project in Myanmar runs into difficulty

THE Burmese city of Dawei lies 350 kilometres (220 miles) west of the Thai capital, Bangkok. The two are separated by a stretch of mountainous jungle and have never been connected. But over the past five years, Thailand’s biggest construction company, ItalianThai, has cut a swathe through the jungle which, once paved, will cost roughly […]

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Yangon office space 'more costly than Manhattan'

Sean Danley has spent the past six months scouting office space in Yangon after being sent to establish the Myanmar branch of his US-based employer. He looked in the city’s three sole 1990s-era towers, where annual rents have climbed to more than US$100 (3,100 baht) a square foot, compared with less than $75 in downtown […]

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Yangon office space ‘more costly than Manhattan’

Sean Danley has spent the past six months scouting office space in Yangon after being sent to establish the Myanmar branch of his US-based employer. He looked in the city’s three sole 1990s-era towers, where annual rents have climbed to more than US$100 (3,100 baht) a square foot, compared with less than $75 in downtown […]

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Thai firms sign MoU for Myanmar power plant

The Myanmar electric power authorities have signed a memorandum of understanding (MoU) with two foreign companies, GMS Power Publish Co Ltd and Global Power Synergy Co Ltd of Thailand. The MoU aims at conducting feasibility study for establishment of combined cycle power plant project in Ayeyawady and Yangon Regions, official media reported Saturday. The cycle […]

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Archetype Group to Project Manage Myanmar’s Tallest Building, Diamond Inya Palace

Yangon,  Myanmar. 5 July, 2013. After only months since opening an office in Yangon, Archetype Group is proud to announce that it has signed the contract for project management services on a building that will become the tallest building in Myanmar, Diamond Inya Palace.  This contract was awarded following a successful Design Review done several […]

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Thailand to help Myanmar build power plants for SEA Games this year

Thailand has agreed to provide energy assistance for Myanmar in its preparations for the 27th SEA Games in Yangon. Two power plants will be constructed in Myanmar with support from Thailand. According to Energy Minister Pongsak Raktapongpaisarn, Myanmar has abundant natural resources such as coal and natural gas but lacks technological expertise and proficient human […]

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