Thilawa SEZ receives 40 firms from 11 countries

Myanmar’s attempts to become a manufacturing hub are likely to come true in a few years as 40 firms from 11 countries have so far signed an agreement to invest in its major special economic zone. Thilawa SEZ is still attractive to international firms as 83.4 per cent of its Phase I implementation was completed […]

Int’l tenders to be invited for rail upgrades

Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens. Myanmar government plans to invite international tenders to bid for railway upgrade projects including the Yangon-Mandalay railway line, said a ministry official at the recent Myanmar Infrastructure Summit. “Foreign investments are required for our projects. In terms of […]

Singapore the top investor in Myanmar hotels and tourism sector

Singapore has become the top investor in Myanmar’s hotels and tourism sector, with a total investment of more than US$ 880 million (Ks 847.44 billion), according to the Myanmar Infrastructure Summit held on Tuesday (March 18). “Nay Pyi Taw, Mandalay, Bagan and Inlay regions have seen a massive influx of tourists after Yangon,” said Hlaing […]