Govt reserves land for Rakhine state SEZ

The government has set aside 1708 hectares (4289.32 acres) for the future Kyaukphyu Special Economic Zone in Rakhine State, parliament heard on December 3. Deputy rail minister U Myint Thein, the chair of the Kyaukphyu SEZ management committee, said the zone would comprise two deep-sea ports of 148 hectares and 95 hectares in extent respectively, […]

MR to Call Tenders to Lease Ad Space on Electric Trains

When the electric train planned for downtown starts operation, companies will be given a chance to advertise on the train through a tender process, said U Arkar Min Tun, business manager of Myanmar Railways. “There is no instruction for the tender yet. Currently we are running some normal advertisements, as we permit advertising on areas […]

Over One Third of Yangon Traffic Lights to be Upgraded

Tenders will be invited to upgrade Yangon’s old traffic lights as part of the process to solve the business capital’s worsening traffic congestion and to better enforce traffic rules, according to an official from the auto regulatory body Ma Hta Tha. Some traffic lights in use in Yangon operate on the urban electrical grid, and […]

Tenders for new flyover projects to open

The Yangon Region government announced that it will open clean and fair tenders for three new flyover construction projects in Yangon. The regional government has allocated Ks 54.35 billion to build flyovers at 8-mile junction, Tamwe junction and Kokkine junction in the 2015-16 fiscal year, of which Ks 22.5 billion will be used for Tamwe […]

Tidied–up trains to draw ads

Myanma Railway is counting on its clean new carriages to draw advertising revenue, though another tender may take some time, according a senior official with the state-owned firm’s business department. The first tenders for advertising in late 2013 attracted a lukewarm response, with advertisers snapping up the rights to only a handful of new carriages […]

12 Companies Bid to Develop Infrastructure in Kyaukphyu SEZ

YANGOON — Eleven foreign companies and one local company have expressed interest in developing infrastructure for the Kyaukphyu Special Economic Zone (SEZ) in Arakan State. Three of the companies will be awarded tenders, according to the tender selection board. “Currently, 12 companies have expressed interest. Some companies have merged with four or five other companies […]

Tenders for Kyaukphyu SEZ to open on September 15

Twelve companies will be invited submit tenders to develop Kyaukphyu Special Economic Zone in Rakhine State, according to the Kyaukphyu SEZ tenders invitation and selection committee. All 12 had previously submitted expressions of interest and they will be invited to submit tenders on September 15,” said committee member Ba Shwe. Kyaukphyu SEZ consists of three […]

Transportation Ministry Eyes Opening up Myanmar’s Aviation Fuel Sector to Foreign Investors

The Ministry of Transportation is seeking international companies to invest in the local aviation fuel sector, which is currently posing a major challenge for local airlines, a minister said. “Jet fuel is one of the main problems in Myanmar’s air transportation industry because it costs approximately a dollar more per gallon than refueling in other […]

Bidders shortlisted for jet fuel distribution

The Ministry of Energy has recently announced the shortlisted companies, including Shell, BP and PTT, for a joint venture contract distributing jet fuel. The ministry invited tenders interested in forming joint venture for fuel distribution in Mingaladon Township. The contract would be handled by the ministry’s Myanmar petroleum trading enterprise. A total of 23 bidders […]

Myanmar invites tenders to build Thilawa ports

The Myanmar Ports Authority has announced eight construction tenders to construct a general cargo port and a container loading dock using Japanese development aid. The port will be part of the Thilawa Special Economic Zone, an industrial complex south of Yangon, and building is due to start this year. “We are looking for qualified international […]