EIA process for Kyaukphyu port to start

  Chinese state-owned CITIC is set to initiate bidding for its environmental impact assessment (EIA) consultant for its port project in central Rakhine following the environmental ministry’s response to its project proposal. The Ministry of Natural Resources and Environmental Protection (MONREC) last month designated the Kyaukphyu deep-sea port project as an EIA-type project after screening..

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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..

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New gas field discovered in offshore Rakhine

  South Korean conglomerate Posco International Corporation has discovered a new gas field in Block A3 at the Shwe natural gas project located offshore Rakhine, The Myanmar Times understands. The company confirmed that it had found a gas column of around 18 meters at its Mahar-1 exploration well after it began exploratory undersea drilling in Block..

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VPower Group wins Myanmar’s emergency power tender

Electricity originates from 62 hydropower and 20 gas-fired stations and one coal-power plant. Photo: EPA   Hong Kong-listed VPower Group said its consortium with Myanmar’s Zeya & Associates had been provisionally awarded four of the five emergency power projects tendered by the energy ministry in June.   The consortium said it won three projects that..
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