Mitsubishi helping Myanmar fix waterworks in privatization bet

YANGON — Feeling confident that Myanmar will eventually privatize its water sector, Japanese trading house Mitsubishi corp. is helping local governments there improve their water infrastructure and management. The water services market there is a potentially lucrative one, and the company is hoping its investment now will give it a leg up on rivals once […]

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 […]