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Total, Siemens propose scaled-back LNG project in Tanintharyi

The European consortium behind a 1,230-megawatt power project in Tanintharyi Region has proposed scaling back its plans amid stalled talks with the government over financial terms. However, a senior government official told Frontier the revised proposal is unlikely to be accepted and the project now faces the prospect of suspension or cancellation. French energy giant […]

Request for Quotations, Ministry of Hotels and Tourism, Deadline for submission: 1st July 2019

REPUBLIC OF THE UNION OF MYANMAR MINISTRY OF HOTELS AND TOURISM ECONOMIC EMPOWERMENT OF THE POOR AND WOMEN IN THE EASTWEST ECONOMIC CORRIDOR PROJECT Date: 13th June 2019 Grant No. and Title: JFPR Grant 9184-MYA Economic Empowerment of the Poor & Women in the East-West Economic Corridor Contract No. and Title: CW-02 Civil Works for […]

Invitation for Bids, Ministry of Education, Deadline: 16th July, 2019

The Republic of the Union of Myanmar Ministry of Education Invitation for Bids Date: 31 May, 2019 Loan/Grant No. and Title: MYA 3472 – Equipping Youth for Employment Contract No. and Title: MYA 347/EYE/ICB/CW/Schools/ Deadline for Submission of Bids: 16 July 2019 The Government of Myanmar has received financing from the Asian Development Bank (ADB) […]

DICA chief promoted as investment ministry’s top civil servant

The government has appointed U Aung Naing Oo as permanent secretary of the recently-created Ministry of Investment and Foreign Economic Relations, the official gazette announced. As the top civil servant leading the ministry, he will support and advise the cabinet minister, career diplomat U Thaung Tun, on how to drum up foreign investments and build […]

Invitation for Bids, Republic of the Union of Myanmar, Ministry of Education (Deadline: 13 May, 2019)

Date: 27 March, 2019 Loan/Grant No. and Title: MYA 3472 – Equipping Youth for Employment Contract No. and Title: MYA 3472/EYE/NCB/Goods/CBMSC/Equip/01-03 Deadline for Submission of Bids: 13 May 2019   The Government of Myanmar has received financing from the Asian Development Bank (ADB) towards the cost of Equipping Youth for Employment Project (EYE) Project. Part […]

Invitation for Bids, the Republic of the Union of Myanmar, Ministry of Education (Deadline: 10 May 2019)

Date: 26 March 2019 Loan/Grant No. and Title: MYA 3472 – Equipping Youth for Employment Contract No. and Title: MYA 3473/EYE/NCB/Goods/CBMSC/Equip/01-01 Deadline for Submission of Bids: 10 May 2019   The Government of Myanmar has received financing from the Asian Development Bank (ADB) towards the cost of Equipping Youth for Employment Project (EYE) Project. Part […]

Request for Quotation (RFQ): Ministry of Hotels and Tourism (MOHT), Deadline 11 March 2019

G-9184-MYA: Economic Empowerment of the Poor &Women in E/W Economic Corridor Bamboo Equipment for Processing Facility in Chaungzone & Kyaikhto Township, Mom State. The above mentioned Project is being implemented by Ministry of Hotels and Tourism (MOHT) under a grant from Japan Fund for Poverty Reduction (JFPR) administered by Asian Development Bank (ADB). Part of […]

Myanmar aims urban planning for over 330 towns by 2030: Union Minister

Myanmar is aiming to have systematic urban planning for over 330 towns across the country by 2030, said Han Zaw, Union Minister for Construction on February 10. “The objectives of the ministry are to build 18 feet wide and 41,111 kilometers long concrete and tar roads to meet ASEAN standards, to build all concrete bridges […]

Long-term investment is the key, according to Ascent Capital founder

Myanmar is an emerging market and long-term play for investors seeking to come in. In the following interview, Mizzima talked with Mr Lim Chong Chong, Ascent Capital Partners Founder and Managing Partner about the launch of a Myanmar-focused private equity fund – Ascent Myanmar Growth Fund – and the prospect for the economy and investors. […]

Temasek and ADB back Myanmar investment fund

Private equity company Ascent Capital has launched Singapore’s first Myanmar-focused fund, with backing from high-profile investors including sovereign wealth fund Temasek and the Asian Development Bank. By CLARE HAMMOND | FRONTIER IN 2013, Mr Lim Chong Chong was sent on a mission to Myanmar. He was working for Singaporean wealth fund Temasek and, as he […]