MPE opens more tenders

Myanma Petrochemical Enterprise (MPE) has invited local and foreign companies to submit proposals for a further slate of joint ventures, according to an announcement on May 25. The first tender invites private companies to build a Liquefied Petroleum Gas (LPG) terminal and supply chain for the LPG business. Interested investors should submit letters of expression […]

Yangon hotel room supply to double: minister

Yangon’s current stock of 9000 rooms is set to more than double in coming years, a regional government minister says. While the city has 190 licensed hotels with more than 9000 rooms, the government has granted permission for about 250 hotels with more than 20,000 rooms, Yangon Region Minister for Hotels and Tourism U Soe […]

MPT plans to share its mobile phone towers

Myanmar Post and Telecommunications plans to share its mobile phone towers with other operators for a fee, its manager told Mizzima on December 5. U Kyaw Soe Win said MPT planned to build more mobile phone for its own use and other domestic and international telecommunications operators would be able to use them. “We will […]

Thilawa SEZ’s progress will determine Japanese investments — Japanese minister

YANGON—Japan is quite hesitant about investing in Myanmar and its future investments will depend on the progress of the Thilawa Special Economic Zone, said Yoshihiko Isozaki, Japan’s Vice Minister for Economy, Trade and Industry, on Saturday. “Several Japanese leaders visited Myanmar this year. Japanese investors are really interested in boosting bilateral trade. In fact, Myanmar’s […]