Japan carmaker Suzuki to build second plant in Myanmar

Tokyo (AFP) – Japanese automaker Suzuki plans to invest tens of millions of dollars to build a second plant in Myanmar, seeking to make quick inroads in the country’s growing market, a report said Saturday. The small-car maker has already secured a roughly 20-hectare (50-acre) plot at the Thilawa special economic zone southeast of Yangon […]

Dawei Economic Zone ‘Lacks Clarity’ as Another Thai Firm Claims Deal

A little-known private company based in Bangkok is the latest to lay claim to becoming the major electricity provider for the Dawei Special Economic Zone—a project to build a regional economic hub in southern Myanmar that has generated much talk, but little action. Andaman Power & Utility Company Limited says it has been chosen by […]

ANA to acquire 49pc of Asian Wings

Japan’s All Nippon Airways (ANA) has announced it will acquire a 49 percent stake in a Myanmar airline, the latest foray into the rapidly-opening and potentially lucrative Southeast Asian market. Foreign firms have piled into Myanmar since the installation of a nominally civilian government in 2011, eager to make the most of opportunities in a […]

Korea’s Incheon International Airport Corp wins Myanmar airport project

Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens. Incheon International Airport Corp leads a group picked as the preferred bidder on Myanmar’s new US$1.1 billion (34 billion baht) air hub, the latest in a series of global deals as the Southeast Asian nation opens itself after […]