Solar energy to power Maubin industrial park

Solar energy will be distributed at the recently opened Maubin Industrial Park, according to Ayeyawady Region government. The electricity infrastructure plays a vital importance for the development of industrial zone. The State still cannot supply sufficient electric power for the park. And so, the companies concerned are preparing to supply solar energy, said U Win […]

Economic opportunities in Rakhine State

Rakhine State is rich in natural resources. It has many rivers, lakes, ponds and is connected to the ocean. Good ports exist and as improvement to road links are being made, trade, local and foreign investments are increasing. The government is emphasizing on investment and trade in order to increase production in agriculture products as […]

Yangon plans airport-downtown shuttle service

Authorities are working on setting routes for a shuttle service business between Yangon International Airport and downtown Yangon. With new buses imported from China, the service will be placed into operation soon, said Dr Maung Aung, Secretary of the Yangon Region Transport Authorities. An agreement to buy 1,000 new city buses for the roads of […]

Multi-purpose container barge service starts

The Ministry of Transport and Communications has started the Inland Water Transport (IWT), a multi-purpose container barge service to transport goods along the Ayeyarwady River and containers in the Yangon River. The service was started to reduce transportation costs and relieve congestion on the road. Ten trips with 40 containers per trip were transported by […]

Myanmar Timber Enterprise – Invitation for Open Tender of Timber on 26th & 29th May 2017

1. Myanma Timber enterprise will sell teak & hardwood round logs and sawn timbers by open tenders in us dollars. Particulars of the open tender sales are as follows: (a) Date & Time -(26-5-2017)(12;00) Noon (29-5-2017) (13;00) After Noon (b) Commodities & Volume -Teak Logs about ( 3227 ) Tons -Teak Conversion about( 366 )Tons […]

Osaka business group to help lure firms to Japan-backed economic zone in Myanmar

The Osaka Chamber of Commerce and Industry has agreed to help attract small and medium-size companies to the Japanese-backed Thilawa Special Economic Zone near Yangon by establishing small rental factory spaces, the zone’s operator has announced. The OCCI, which is comprised of businesses around Osaka, and the Union of Myanmar Federation of Chambers of Commerce […]

Auction nets extra K140m from fishing license

According to him, 122 ponds were auctioned by the regional fisheries department at its branch in Nat Yay Kan, Amarapura townhship, from May 3 to 9 and 105 ponds were sold. Figures from the statistics department show that over K400 million was received from ponds that were sold through tender blocks and over K130 million […]

Singaporean investment starts rice production for international export

Agrastar, a partnership between Chin Corp Myanmar, Agrocorp International, and RiverWest Capital, was formed to supply high-quality agricultural commodities from Myanmar to the global market, and especially to Europe. The rice production and export facility is completely automated to process 75,000 tonnes of paddy annually – producing high-quality parboiled, brown and white rice. Agrastar aims […]

Invitation for Bids (IFB) for Construction of Workshops, Dormitories and Open Sheds. Closing Date 28 June 2017

Date 15 May 2017 Loan/ Grant No. and Title: MYA 3472 —Equipping Youth for Employment Sector Development Project Contract/s No. and Title: EYE/C /ICB/CBMSCWS-Dorms/01 Deadline for Submission of Bids: 28 June 2017, 1500 hrs 1. The Government of Myanmar has received financing from the Asian Development Bank (ADB) towards the cost of Equipping Youth for […]