[caption id="attachment_4730" align="aligncenter" width="840"] A Rakhine ethnic man collects oil from hand-cooped oil well on the shore of Kyaukphyu, Rakhine. Photo: EPA[/caption] 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...
Read More[caption id="attachment_4728" align="aligncenter" width="840"] Part of the new road that will connect Dawei to the Thai border in Tanintharyi Region. Photo - WWF[/caption] A state-owned Chinese firm has expressed interest to invest in the planned Dawei Special Economic Zone (SEZ) in Tanintharyi Region, U Myint San,...
Read More[caption id="attachment_4724" align="aligncenter" width="840"] The Ministry of Construction expects that the first phase of construction of the Yangon Elevated Expressway will commence by August. Photo: Aung Khant/The Myanmar Times[/caption] The Ministry of Construction (MOC) expects the first phase of construction of the Yangon Elevated Expressway (YEX)...
Read More[vc_row][vc_column][vc_column_text] [caption id="attachment_4679" align="aligncenter" width="840"] Fishermen carry the fishing nets at the Maung Ma Kan village in Dawei city, Tanintharyi. Photo - EPA[/caption] Businesses from China, Thailand, Korea and Japan, including those from the power and logistics sectors, have said they are keen to invest in the...
Read More[vc_row][vc_column][vc_column_text]Work on a new road project in Chin State funded by a World Bank loan will begin next October, a state official has announced. The new road will connect the townships of Kalay, Falam and Hakha. The starting point of the road will be in Kalay, which...
Read More[vc_row][vc_column][vc_column_text]The necessary infrastructure is being set up to link Dawei Special Economic Zone (SEZ) to the national grid, which will enable the area to enjoy access to electricity within the next 2-3 years, said U Soe Myint, deputy permanent secretary for the Ministry of Electricity...
Read More[vc_row][vc_column][vc_column_text] [caption id="attachment_4625" align="aligncenter" width="840"] Construction work on railway line in Myanmar. Nyan Zay Htet/The Myanmar Times[/caption] Investor interest in building a railway project linking Mandalay to Muse, the largest trading post between Myanmar and China, is expected to wane due to security challenges along the border,...
Read More[vc_row][vc_column][vc_column_text]An invitation to tender for the project to build the two-lane Dawei-Kanchanaburi road will be issued soon, says an official for the Dawei Special Economic Zone Management Committee. “As the road project is a major component of the special economic zone (SEZ), we hope to start...
Read More[vc_row][vc_column][vc_column_text]Malaysian property developer Berjaya Land will start building smart, affordable homes in Yangon in January next year, according to chief executive Datuk Pee Kang Seng. Valued at US$624 million, the project will be developed across 74 hectares of land in Yangon and take place in three...
Read More[vc_row][vc_column][vc_column_text]Investors from Malaysia say they are attracted to Myanmar’s agriculture and other industries despite the rift between the two governments since the northern Rakhine crisis. “Malaysian businesses are keen to invest in sectors such as technology, construction, manufacturing, and service in Myanmar. They showed extra interest...
Read More