Building Myanmar – LafargeHolcim’s Approach to Keeping Pace with the Growth of Myanmar

On July 15, 2015, the merger between the two major building material manufacturers, Lafarge and Holcim, had been finalised. The merger allows LafargeHolcim to obtain the global market leadership in its core business segments cement, concrete and aggregates and to gain presence in 90 countries. Myanmar Business Today takes this as an opportunity to hear […]

Semen Indonesia may drop Myanmar investment plan

State-run cement giant Semen Indonesia may cancel its plans to invest in Myanmar if the company and its local partner fail to reach an amicable agreement over the partnership deal, an executive has said. Semen Indonesia corporate secretary Agung Wiharto said that his company was facing another difficult round of discussions with its partner in […]

Lafarge Launches 20,000-MT Cement Repacking Plant in Thilawa

French cement giant Lafarge has opened a cement repacking and storing factory in Thilawa special economic zone (SEZ) in Myanmar. Lafarge, one of the world’s largest building materials firm with over €15 billion in revenues, and two local companies – Aung Myin Thu and My Associates – have built the factory with an estimated investment […]

Building code adheres to international standards, deputy minister says

The Ministry of Construction is preparing to enact the draft Myanmar Building Code, Soe Tint, deputy minister for construction told the Upper House on October 1. The ministry has been working on the code since 2011 and analysing the draft since last year. It has received technical assistance from UN Habitat to ensure the code […]

SCG to Pour in $400m in Mawlamyine Cement Plant

Thailand’s largest cement plant, Siam Cement Group (SCG), is investing $400 million to build its first “clean and green” cement plant in Myanmar’s Mawlamyine, 300 kilometres southeast of Yangon. The cement plant is expected to be operational in the mid-2016 with a production capacity of 1.8 million tonnes per year, the firm said. The company […]

Semen Indonesia Enters Myanmar Market

Jakarta. Semen Indonesia, the country’s largest cement maker, has agreed to buy a minority stake in a cement company based in Myanmar this year. The move is seen as part of the company’s efforts to expand its reach in the region ahead of the Asean Economic Community, which is scheduled to be implemented next year. […]

Japanese entrepreneurs to visit Myanmar for potential investment

Business people from over twenty Japanese firms will visit Myanmar to explore investment opportunities, according to Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI). About 50 business people from 20 industrial sectors, such as machinery, electric and power, construction and garment, will be led by the Executive Vice President of Japan External […]

Thailand SCG’s cement plant likely to get board nod from board

SIAM CEMENT GROUP’S board of directors is expected in August to approve a plan to invest US$420 million (Bt13.15 billion) in a new cement plant in Myanmar, indicating its confidence in the economic potential of Asean. “Despite concerns of lower economic growth in Asean, we’re still confident that it’s a promising region. In August, the […]

Mandalay’s cement market heats up

The annual building season in Mandalay may be slowing down as the monsoon approaches but the battle to be the nation’s number one cement is heating up, with new brands challenging more established products in the fight for market share. Competition in Mandalay’s cement market is strong as the dry season, when most building work […]

Construction material prices flat as rains approach

Prices for most construction materials have bucked the normal seasonal trend by remaining flat, several wholesalers said last week. The one commodity that is rising in price is bricks, said U Than Tun, the owner of U Than Tun and Brothers brick wholesale shop in South Dagon township. “Brick prices will continue rising because the […]