New Thanlyin-Bago-Kyaikhto highways proposed

  The government is set to build new expressways connecting Yangon Region, Bago Region, and Mon State with assistance from the Japan International Cooperation Agency (JICA) and Asian Development Bank (ADB), a senior official of the Ministry of Construction has announced. Deputy Minister of Construction U Kyaw Lin said that work is expected to start..

Read more

Industrial zone in Kyaukphyu SEZ to be built at $30B

  An industrial zone project within the Kyaukphyu Special Economic Zone (SEZ) in Rakhine State will be developed for US$30 billion, deputy commerce minister U Aung Htoo told Pyithu Hluttaw this week. CITIC Consortium from China owns 51 percent of the industrial zone while the Myanmar government owns 49pc, he said. The industrial zone will..

Read more

China keen to invest in Dawei SEZ

  A state-owned Chinese firm has expressed interest to invest in the planned Dawei Special Economic Zone (SEZ) in Tanintharyi Region, U Myint San, vice chair of Dawei SEZ Management Committee, told The Myanmar Times. The Myanmar government has yet to respond to the Chinese, given that talks to develop the SEZ with Italian-Thai Development..

Read more