The fight for resources in Myanmar’s deep south

Tanintharyi Region, the southern tip of Myanmar, abounds with natural resources and the problems associated with them. Residents in the isolated region face over-mining by foreign companies, the proposed development of a deep-sea port, an oil refinery and a special economic zone, mechanised farming of rubber and palm oil, an illegal trade in timber, overfishing, […]

High hopes for business zone on China-Myanmar border

An ambitious new economic zone at Myanmar’s largest trading point with China will bring new business opportunities for the two countries, officials and residents said at the project’s soft opening in Shan State’s Muse last week. Around 80 percent of Myanmar’s formal overland trade with China passes through a border point a few miles from […]

Myanmar targets 17-fold rise in coal-fired power by 2030

THE southern part of Myanmar is being eyed for new coal-fired power plants, in line with the country’s electricity-generation master plan that will boost the coal-fired power ratio 17-fold by 2030. Aye Min, deputy director for thermal power planning, told the “Myanmar Electric Power Convention” last Thursday that most hydropower projects were located in the […]

Toyo Construction, JFE to build port in Myanmar

TOKYO — Toyo Construction and JFE Engineering have received an order from the Myanmar government to build port facilities in a special economic zone near Yangon. The order, valued at about 14 billion yen ($117 million), was awarded to the Japanese companies via competitive bidding. The project will be funded by Japan’s official development assistance […]

VPower Awarded Two New Gas-based Distributed Power Projects in Myanmar

VPower Group, one of the fastest growing fast-track distributed power providers just signed two power generation contract arrangements with Myanmar’s state electricity enterprise, for the Economic Zone of Kyauk Phyu and key industrial city Myingyan, both for over the period of five years. VPower Group Logo In Kyauk Phyu, VPower will be doubling the power […]

Thailand to Invest $71m in Economic Zones This Year

The Thai government will invest 2.4 billion baht ($71.13 million) this year in six special economic zones it hopes will boost cross-border trade, the deputy transport minister said. Earlier in June, Prime Minister Prayuth Chan-ocha said his government wanted to develop zones in six provinces to boost trade, which has been weak. In January, the […]

Saha cancels Myanmar estate

Saha Group, the country’s leading consumer product conglomerate, has scrapped plans to set up an industrial estate in Myanmar, citing high land prices in the neighbouring country. Chairman Boonsithi Chokwatana said the group decided not to develop its own industrial park on a 1,000-rai plot in Myanmar after studying the project’s potential for a few […]

Thilawa interest coming from Japan

Over half of the 42 companies that have committed to building in Thilawa special economic zone are Japanese firms, according to U Myint Zaw, general manager of Myanmar Japan Thilawa Development. While there are currently no factories up and running at the site, construction is moving forward and some of the factories ought to be […]

Work starts on 2nd Mae Sot bridge

Construction has begun of the second Thai-Myanmar bridge across the Moei River, linking Mae Sot district in northern Tak province and Myawaddy town in Myanmar. Mae Sot mayor Terdkiat Shinsoranant on Wednesday led a sub-committee of the National Legislative Assembly to the construction site, where the Department of Highways has started the work. Tak governor […]

Myeik Economic Zone Master Plan Proposed

A plan for an economic zone in Myanmar’s Southeastern Tanintharyi region has been submitted to the regional government, according to the Ministry of Electric Power and Industry of the region. The Myeik Economic Zone will be privately owned and will include a harbour and adjoining industrial zone, in addition to zones that will “streamline” the […]