Denko gets green light for oil depot project

Denko Trading Company owned by business tycoon Chit Khaing has been granted permission to build an oil depot according to the Myanmar Investment Commission. The company will implement the project on 24 acres land of Thilawa Deep Sea port under a Build-Operate-Transfer (BOT) agreement authorised by the transportation ministry and Myanmar Ports Authority. Denko’s project […]

Private companies lease land plots for fuel storage and distribution

Over 135 acres owned by Myanmar Port Authority at Thilawa Special Economic Zone in Thanlyin and Kyauktan Townships of Yangon region have been leased to private fuel companies to operate fuel storage and distribution, according to Directorate of Investment and Companies Administration (DICA ). Five companies comprising PadaukShwewa, ThuriRaSweninn, ShweTaung, International Group of Entrepreneur and […]