Myanmar News
Chevron hopes to advance the startup of a $3.1 billion natural-gas project in the Gulf of Thailand to this year, in the latest step by the U.S. major to cash in on booming Asian demand for cleaner-burning fuels. The acceleration of the timetable for the Platong II project from 2012 reflects rising Thai consumption of […]
Continue ReadingCSR Corporation denied rumors of its merger with China CNR Corporation , reports dfdaily.com, citing a filing by CSR Corporation. According to Financial Times, the merger may lead to the creation of a monopoly controlling 90 percent of the domestic rail road equipment manufacturing market with sales revenue exceeding those of Bombardier, Alstom, and Siemens. […]
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A Chinese company will invest US $100 million toward the construction of an airport near Naypyidaw, the new capital built by Burma’s ruling junta in 2004, in the latest move by China to expand its involvement in the Southeast Asian country’s transport sector. The company, China Communications Construction (CCC), signed a deal to work on […]
Continue Reading A Chinese company will invest US $100 million toward the construction of an airport near Naypyidaw, the new capital built by Burma’s ruling junta in 2004, in the latest move by China to expand its involvement in the Southeast Asian country’s transport sector. The company, China Communications Construction (CCC), signed a deal to work on […]
Continue ReadingIndia has begun construction of a river port and waterway terminal in Myanmar, aimed at promoting trade between the two countries. Construction for the Myanmar-India Kaladan Multimodal Transit Transport Project in Sittway township of Rakhine state began Sunday, Xinhua reported Monday citing official daily New Light of Myanmar. The construction in the Kaladan river project […]
Continue ReadingChina has signed a US$2.4 billion loan agreement with Myanmar to finance the construction of a natural gas pipeline between the countries, media reports said Sunday. The loan was inked between the China Development Bank Cooperation and Myanmar Foreign Investment Bank on Nov. 30 in Napyitaw, the new capital, the Myanmar Times reported. The pipeline […]
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China aims to break the high-speed rail world record in a trial run next year, industry sources said on Tuesday. An experimental train – under development by CSR Corp Limited for test but not operational purposes – will “try to break the 574.8-km/h record” set by France‘s TGV (Train Grande Vitesse, or high-speed train) in […]
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China has signed agreements with Thailand and Laos to build high-speed railways connecting the two Southeast Asian countries. The Beijing Times reports that officials from Thailand and Laos made the disclosure on Tuesday in Beijing. During the seventh World Congress on High Speed Rail, Thailand‘s deputy prime minister, Suthep Thaugsuban, said China is cooperating on […]
Continue ReadingThe poor and landlocked Southeast Asian nation of Laos expects its rail link with China to be finished by 2014, boosting trade links with its giant neighbour and the rest of Asia, its deputy prime minister said on Tuesday. The railway is part of a broader plan to connect Kunming city in southwestern China with […]
Continue ReadingConstruction of a high-speed rail link between Yunnan province and neighboring Myanmar, part of a project to upgrade transport connections with Southeast Asian nations, will start in about two months, a top rail expert said. The line, from Kunming, capital of Yunnan province, to Yangon, Myanmar‘s largest city, will be 1,920 kilometers long, said Wang […]
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