For whom the road tolls: Funding highways in Myanmar

Anyone who has spent time in Myanmar – especially outside major cities – does not need to be convinced that the road transport infrastructure requires severe improvement. The evidence is in the bumpy rides. There is no shortage of academic insight either. Studies have estimated that coffers needed to improve road infrastructure are in the […]

Auto group to invest in new bus system

The Myanmar Automobile Manufacturers and Distributors Association (MAMDA) plans to invest into a new bus system that promises to transform travel for Yangon’s commuters. The new system, known as bus rapid transit (BRT) lite, will include dedicated bus lanes, as well as new buses to replace existing ancient vehicles. MAMDA hopes to be involved as […]

MPPE announces JV tender for petroleum business

Myanma Petroleum Products Enterprise (MPPE) has invited private companies to form a joint venture for a project in the petroleum industry, through a tender published in a state-run newspaper. The state-owned enterprise has been preparing the tender documents for the past few months, with a view to re-entering the petroleum distribution market in partnership with […]

Plans to Privatize Pair of Yangon Heritage Buildings Shelved

YANGON — Myanmar’s Directorate of Investment and Companies Administration (DICA) will return two Yangon heritage buildings to the government that it had slated for privatization, after the directorate was unable to compile a sufficient historical ownership record, DICA’s director general Aung Naing Oo said this week. Last year, DICA announced that it would allow four […]

Interest high in jet fuel tender

Nearly two dozen private companies submitted expressions of interest letters to join a state-owned firm in a joint venture distributing jet fuel, though authorities plan to restrict the tender to international firms only. The successful firm will partner with state-owned Myanmar Petroleum Products Enterprise (MPPE) to import, sell and distribute jet fuel throughout Myanmar. MPPE […]

DCA to Invite Tenders to Privatise Local Airports

The Department of Civil Aviation (DCA) in April will invite tenders from private companies to upgrade and operate the country’s local airports, a DCA official said. The move comes as the government moves to privatise Myanmar’s civil aviation sector to make it more efficient and provide better services. “We will give priority to private entrepreneurs […]

Electricity problems persist despite progress

Despite increased investment in Myanmar’s electricity sector in 2013, including by international financial institutions, sustainable development remains a challenge. Only 26 percent of the population has access to government electricity supplies, government figures say, while in the past year new projects to increase production and a proposal of price hikes to reduce consumption and bring […]

Myanmar to privatize railways soon

Myanmar’s government is planning to privatize some of the state-owned railway lines soon, including the Yangon circular railway system, according to the Ministry of Rail Transportation. The privatization will include a Yangon circular train, a Yangon-Mandalay train and a Yangon-Myitkyina train. The privatization plan is now under way and the Yangon-Myitkyina rail line will be […]

MINISTRY OF ELECTRIC POWER: Invitation to the private investors who are willing to invest in electricity generation

Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens. Invitation to the private investors who are willing to generate the electricity by implementing hydropower projects and coal-fired thermal power projects 1. The private companies which are willing to generate the electricity by implementing hydropower projects and coal-fired […]

Construction starts on Japan-Myanmar JV industrial complex in Yangon

The construction of a joint venture industrial complex between Japanese and Myanmar companies started Saturday in Yangon with an official ribbon-cutting and ground-breaking ceremony held at the site. The industrial complex, located inside the Thilawa Sepecial Economic Zone, about 23 kilometers south of the city center of Yangon, is expected to draw businesses involved in […]