Myanmar, China sign train engine deal

New locomotives from China will help improve rail transport in mountainous areas of Myanmar, a government official said on April 30. Myanma Railways signed an agreement to buy 11 2000-horsepower locomotives from the China National Machinery Import and Export Corporation (CMC) at the Ministry of Railways and Transportation in Nay Pyi Taw on April 30. […]

India Tata Consultancy Services eyes investment in Myanmar

CMC, a unit of Tata Consultancy Services, could soon spread its wings into Myanmar and Indonesia, two emerging markets in Asia. The company has already completed a feasibility study of the Myanmar market, Managing Director and Chief Executive Officer R. Ramanan told Business Line. ‘FINDING RIGHT PARTNER’ “We are evaluating Myanmar as we know there […]

China, Myanmar sign business contract on building locomotive, coach plants

China National Machinery Import and Export Corporation (CMC) and Myanmar Ministry of Rail Transportation on Wednesday signed a business contract in Nay Pyi Taw on building a plant each for producing locomotive engines and coaches. The project will be implemented at buyers’ credit loan preferentially extended by the Chinese government. CMC President Wang Xusheng and […]