Under the guidance of the State Administration Council, land areas were designated in order to construct New International Airport in Mudon Township of Mon State near Kawtparan village and New International Port between BalaukNyaungWaing Village and Wae Kali Village. Depending on the budget calculations of concerned ministry plus compensation for the land loss in..
PETRONAS’ subsidiaries, PETRONAS Carigali Myanmar Inc (PCMI) and PC Myanmar (Hong Kong) Limited (PCML) today announced their withdrawal from Blocks M12, M13 and M14 located in the Yetagun field, offshore Myanmar. The decision was made following a thorough techno-commercial review in alignment with PETRONAS’ asset rationalisation strategy for a portfolio that fits with its..
MYEIK—Yoma Strategic Holdings and First Myanmar Investment Company (FMI) will be investing Ks 105 billion in Kawtthaung Hill Development Project which includes international standard Museum, Hotel and Villas, according to the sources. The project will be implemented on 1199 Mountain situated in Kawtthaung Township, Kawtthaung District, Taninthari Region. The officials explained about the Environmental Impact..
An agreement on implementing the Nanmatu (Hsipaw) hydropower project with an installation capacity of 210 megawatts was signed on April 29, the Ministry of Electricity and Energy (MOEE) has announced. The agreement was signed between the Department of Electric Power and Planning under the MOEE and Natural Current Energy Hydropower Co, Ltd. The project is..
AS a region familiar with the fearsome potential of natural disasters – 80 per cent of the Asean region is surrounded by water and is prone to water-related disasters – the heat has been on, both literally and figuratively..
The Pathein Bridge (2), which directly connects Pathein Mahabandoola Road with the west bank of Ngawun River in Ayeyarwady Region, will officially open for traffic in September, according to the Ministry of Construction. The bridge, which was connected to accommodate rising traffic as a result of housing expansion by the river, was completed in July..
Myanmar will announce the winners for a 1060-megawatt solar project tender “very soon,” said U Soe Myint, Deputy Permanent Secretary of the Ministry of Electricity and Energy. “The announcement will be made soon and we are screening the companies. We want to be fast bust also have to be accurate as well,” he said. Power..
Myanmar has suspended a 380-megawatt hydropower project at the Manipur River in Chin State due to high risk, U Tun Naing, Deputy Minister for Electricity and Energy, told the Hluttaw last week. “After a review at the State Econominc Coordination Committee Meeting, this project was found to be more risk than reward and thus a..
The Upgrading of a combined cycle gas turbine power plant in Ywama, Yangon, has been given the go-ahead by the Ministry of Electricity and Energy (MOEE). The Power plant is located in Insein township, and the US$300 million required for the upgrading will be provided by the World Bank. A tender for the project will..
The Myanmar Investment Commission (MIC) on July 31 approved the US$230.6 million Hlegu Industrial Park, which will be developed by Singapore’s Sembcorp Industries. The project, set to cover some 1487 acres in Hlegu township, Yangon, was signed between Sembcorp CSSD Myanmar Co and local partners City Mart Holding Co Ltd (CMHL), and Myanmar Agribusiness Public..