Vietnam firm marks initial step in penetrating Myanmar construction market

A Vietnamese construction company on Friday celebrated the ‘topping out’ of a tower complex in Myanmar, which it said is the first step in its bid to enter the Southeast Asian country’s construction market. Hoa Binh Corporation organized the topping out ceremony – a traditional rite held when the last beam is placed atop a […]

Toyo-Thai plans Bt88 bn power plant in Myanmar

TOYO-THAI CORPORATION, an integrated engineering procurement and construction contractor, is in talks to invest US$2.7 billion (Bt88 billion) in a 1,280-megawatt coal-fuelled power plant in Myanmar. The company expects to finalise the deal in the third quarter, said vice president and chief operating officer Surattana Trinratana. Yesterday saw a signing ceremony for a project loan […]