Tender planned for $2b Yangon-Mandalay railway upgrade

A Tender for private companies to work on a US$2.2 billion upgrade of the railway linking Myanmar’s two largest cities will be called at the end of this year, an official said yesterday. Work on the Yangon-Mandalay railway, led by the Japan International Cooperation Agency, is scheduled to start next year and should be complete […]

Myanmar Election Results Put Japan in Uncertain Spot

The victory of Aung San Suu Kyi’s party in Myanmar’s election leaves Japan and its companies facing some uncertainty in the country, in part because businesses and Prime Minister Shinzo Abe haven’t built close ties with Ms. Suu Kyi. Government officials said the National League for Democracy’s victory was within the range of their expectations–although […]

A special zone on Myanmar’s border

DAWEI (Myanmar) • It has been eight long years since engineer Suphap Satthathum first set foot in the tropical scrub jungle by the immense curve of beach near the port town of Dawei, in Myanmar’s southernmost Tanintharyi state that borders Thailand. But today, as he strides on the jetty his construction company has built, he […]

KOICA signs for Dala and Bago master plans

Korea International Cooperation Agency (KOICA) has signed with the Ministry of Construction for several ambitious projects – including master plans for the north and south of Yangon and designing a national road network. The South Korean government’s grant aid arm recently signed with the minister to prepare two regional development plans, said chief Myanmar representative […]

Dawei SEZ finally gets green light in Tokyo

Thailand, Japan and Burma on Saturday effectively launched the US$50 billion Dawei special economic zone by signing an agreement in Tokyo that will have a deep impact on trade and investment in Southeast Asia. Thai Prime Minister Prayut Chan-o-cha and Japanese Prime Minister Shinzo Abe both said the signing of the tripartite pact will boost […]

Japan, Myanmar sign investment pact

TOKYO — Japan and Myanmar on Sunday signed an investment treaty to nurture closer business ties as the once secluded Southeast Asian country opens its fast-growing economy to more foreign commerce. Prime Minister Shinzo Abe and Myanmar President Thein Sein signed the deal in summit talks following a gathering of leaders from the Association of […]

Japan Awakes to Revamped Dawei

YANGON — After last week’s takeover of the proposed Dawei port and economic zone project by the Myanmar and Thai governments, Japan’s government and private sector are taking a renewed interest in the project after previously appearing lukewarm to the proposition. “Dawei Special Economic Zone [SEZ] is a very important project for the region,” said […]

Thai PM seeks Japanese role in Baht 2 trillion transportation project between India, Myanmar & Thailand

Thai Prime Minister Yingluck Shinawatra has invited Japan Inc to take part in Thailand’s Bt2-trillion transportation development project. She also proposed to Myanmar to jointly develop a “trilateral highway”, creating land bridges between India, Myanmar and Thailand. She discussed these issues during bilateral talks with Japanese Prime Minister Shinzo Abe and Myanmar President Thein Sein […]

Myanmar pipeline project gives China pause for thought

China National Petroleum Corporation (CNPC) on June 4 announced the completion of its Sino-Myanmar gas pipeline project (Myanmar section), signaling that it is ready to enter trial production. The oil pipeline between the two countries is currently 94 percent complete. As China’s fourth largest strategic energy import channel, the China-Myanmar Oil and Gas Pipeline Project, […]

Thailand’s Dawei Port Project in Burma Not Dead Yet

BANGKOK — Thailand’s plans to convert a remote coastal strip in southern Burma into a Southeast Asian gateway for international trade appear to have moved little from the drawing board. Or so it seems. Efforts by the current government to throw a political lifeline to the deep-sea port and special economic zone (SEZ) in Dawei […]