Labourers to be Housed at Hlaingtharyar

A housing complex for labourers is set to be established in Hlaingtharyar in Yangon. U Myat Thin Aung, president of Hlaingthartar Industrial Zone, said that this housing complex is being established by the owners. The authorisation has been granted from the Department of Human Settlement and Housing Development for land rental under a five year […]

Gov’t to Push to Reclaim Unused Industrial Plots

The government needs to step up inspections to take back vacant plots of industrial land that are not being used for the purpose of business, an official report submitted to the parliament suggested. Recently, the union government announced that they will take back unused plots of land in industrial zones but apparently there has been […]

Myanmar’s power supply problems hurt growth

The opening up of Burma’s economy has generated feverish excitement among international investors. With a population of 60 million, a wealth of natural resources, and a need for just about everything, Burma, also known as Myanmar, is one of the world’s last untapped markets. And yet, while foreign direct investment has increased substantially since most […]

Japan to help construct natural gas power plant in Myanmar industrial zone

Japan has promised help construct a 500-Mega watt natural gas power plant in Yangon, according to officials. The power plant will be located in Hlaingtharyar Industrial Zone and plans to be completed by 2015. An agreement for the project was made by Japanese Minister for Economy, Trade and Industry, Mr. Toshimitsu Motegi during a meeting […]