Construction starts on Japan-Myanmar JV industrial complex in Yangon

The construction of a joint venture industrial complex between Japanese and Myanmar companies started Saturday in Yangon with an official ribbon-cutting and ground-breaking ceremony held at the site. The industrial complex, located inside the Thilawa Sepecial Economic Zone, about 23 kilometers south of the city center of Yangon, is expected to draw businesses involved in […]

Investors Needed to Link New Hanthawaddy Airport to Yangon

Financial backing from the private sector is needed to link Burma’s proposed new international airport at Hanthawaddy with Rangoon, the country’ biggest city, government officials said. “We propose a highway and a high-speed train to Yangon,” Kyaw Soe, an official at the Department of Civil Aviation, told The Irrawaddy. Unable to put a number on […]

SGX-listed Yoma’s consortium succeeds in tender for management of Myanmar’s Mandalay Airport

Yoma Strategic Holdings, a Myanmar focused, Singapore-listed company primarily involved in real estate, said on Monday that a consortium it formed with two Japanese companies, Mitsubishi Corporation and JALUX Inc., has been selected by the authority of Myanmar as the successful tenderer to “upgrade and operate” the Mandalay International Airport. The consortium is also invited […]