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..
A new Special Economic Zone (SEZ) will be implemented in Mon State, Connecting Myanmar with the Mekong Subregion East-West Economic Corridor, Government officials said at a Myanmar-Japan Investment Forum on July 29. The new SEZ aims to connect with Danang, Vietnam, and will be the largest SEZ in Myanmar if approved, said U Thaung Tun,..
Myanmar and Japan have signed an agreement to build a 1250-megawatt liquefied natural gas power plant worth up to US$2 billion in Yangon’s Thilawa Special Economic Zone. The Ministry of Electricity and Energy on July 24 granted a Notice to Proceed to Marubeni, Sumitomo Corp and Mitsui & Co to build the plant under a..
Myanmar’s competition watchdog says it does not intend to challenge the government’s controversial solar plant tender despite protests by foreign governments and business associations that conditions imposed during the COVID-19 pandemic effectively excluded many outside bidders. Responding to questions from the Myanmar Times, the Competition Commission said the solar tender requirements set by the..
A total of 450,000 people in rural Myanmar can expect to receive access to electricity following an agreement between the government and World Bank. The two parties have agreed to channel US$3.5 million in funds towards generating solar energy in off-grid areas of the country. “Getting electricity with solar technology in off-grid areas is important..
Construction business are calling for an easing of regulations and tax reductions over financial assistance to help them keep afloat in the wake of COVID-19. During a recent meeting between the construction sector and State Counsellor Daw Aung San Suu Kyi, U Shein Win, president of the Myanmar Construction Entrepreneurs Association (MCEA), said there are..