Multi-national companies to build coal-fired power plant in Myanmar

A multi-national joint venture involving those from Myanmar, India and Singapore will build a 500- megawatt coal-fired power plant in Kyauktan, Myanmar’s Yangon region, official media reported Wednesday. Under a memorandum of understanding signed in Nay Pyi Taw, the power project will be jointly implemented by Myanmar’s Ministry of Electric Power, Orange Powergen Pvt Ltd […]

Itochu Corporation to build Yangon-Thilawa Bridge

Japanese-based Itochu Corporation will build a Yangon-Thilawa bridge as part of the Thilawa special economic zone project, according to the Ministry of Construction. A Japanese delegation, led by Koji Umemoto from Itochu Corporation, met with construction minister Kyaw Lwin to discuss matters relating on implementation of construction project in Nay Pyi Taw on August 15. […]

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 […]