BOT

Chinese company proposes new circular railroad for Yangon

February 8, 2019 by Thiha

Representatives from China Railway Engineering Co Ltd (CREC) have met with the Yangon Region government to discuss the possibility of constructing of a new Yangon circular railroad, U Than Naing Oo, a member of the Yangon Region Hluttaw’s Transportation, Communications, Construction and Industry Committee told The Myanmar Times. “CREC proposed two versions of the potential […]

Filed Under: Latest News Tagged With: BOT, Build-Operate-Transfer, China Railway Engineering, commuter, CREC, Economic Committee, Mingaladon, NLD, PPP, Private-Public Partnership, tender, train station, transportation, Yangon International Airport, Yangon Region Government

Myanmar, Japan-involved consortium to build high structure in Yangon

October 12, 2018 by Thiha

YANGON, Oct. 7 (Xinhua) — Myanmar Pharmaceutical Industrial Enterprise (MPIE) and a consortium of two local Myanmar companies and a Japanese company on Saturday signed an agreement to build a high-rise structure on the land owned by MPIE in Tamway, Yangon, the official Global New Light of Myanmar reported Sunday. The consortium, named NSKRE Residence […]

Filed Under: Latest News Tagged With: 12-storey structural building, 50-year land lease agreement, Asia Business Solution Co Ltd, BOT, build-operate-transfer system, Business Offices, car parking lot, China, fitness center, foreign investment, foreign investment survey, Global New Light of Myanmar, Indonesia, Japan, Japanese company, local Myanmar companies, Malaysia, Mann Myanmar Family Ltd, mini-mart, MPIE, Myanmar investment commission, Myanmar Pharmaceutical Industrial Enterprise, Nippon Steel Kowa Real Estate, NSKRE Residence (Myanmar), real estate market, South Korea, Tamway, Yangon

Expression of Interest, Upgrading and Renovation of Yangon City Golf Course on BOT Basis. Submission Date: 28 Sep 2018.

September 18, 2018 by Thiha

1. The Yangon Region Government, Tender Committee invites the local and foreign companies to submit the Expression of Interest for Upgrading and Renovation of Yangon City Golf Course owned by Yangon City Development Committee on Build, Operate and Transfer (BOT) basis. Location of City Golf Course – Yangon Region, Insein Township, Ywama East Ward, 10 […]

Filed Under: Tenders & Awards Tagged With: BOT, expression of interest, foreign, Insein Township, local, Paths and Gardens Department, renovation, Tender Committee, Thiri Mingalar Street, upgrading, Yangon City Development Committee, Yangon City Golf Course, Yangon Region Government, Ywama East Ward

Elite Petrochemical launches first private-sector LPG project in Myanmar

May 29, 2018 by Thiha

Elite Petrochemical Co launched its Liquefied Petroleum Gas (LPG) Terminal and Port Facility at the Thilawa Special Economic Zone on Saturday. The terminal is the first private sector-led LPG investment open for business in the country. The terminal was developed under a Build, Operate and Transfer (BOT) agreement across 49 acres of land in Thilawa […]

Filed Under: Latest News Tagged With: Asia AVA Gas Company, Bogyoke Village, BOT, Build Operate and Transfer, China Harbour Company, China National Petroleum Company, Daw Yee Yee Khin, Deputy Director, director-general, Elite Petrochemical, Elite Petrochemical Co, executive chair, Liquefied Petroleum Gas Terminal, LPG, mandalay, Minbu, Minister for Electricity and Energy, MOEE, MPE, Myanmar, Myanmar investment commission, Myanmar Petroleum Enterprise, Myawady, National Strategy, Nyaungdon, oil and gas, Oil and Gas Planning Department, Parami Energy Group, private-sector LPG project, Pyithu Hluttaw chair, Shan State, Tanintharyi Region, Thailand, Thanlyin Refinery, Thilawa Special Economic Zone, U Aung Thet Mann, U Thura Shwe Mann, U Win Khaing, U Zaw Aung

Great Hor Kham expands into hydropower, prepares for YSX listing

May 15, 2018 by Thiha

U Sai Ohn Myint, chair of the board of directors of Great Hor Kham Public Company, which will list on the Yangon Stock Exchange this year, isn’t too worried about trading volumes on the local bourse, which have all but collapsed since opening for business in early 2016. “I think investors will be able to […]

Filed Under: Latest News Tagged With: Board of Directors, BOT, bridges, Build-Operate-Transfer, Chair, Construction Projects, Corn, electricity, government, Great Hor Kham Public Company, hotel, housing development project, Hydropower Projects, hydropower sector, Land Compensation, Muse, Myanmar investment commission, Myanmar Times, Nam Paw hydropower project, paddy, power stations, private sector, project design, roads, Securities and Exchange Commission, shopping center, U Sai Ohn Myint, Yangon Stock Exchange, YSX

Minbu solar power plant construction begins

February 13, 2018 by Thiha

The Ministry of Electric Power and Energy has begun constructing the 170MW Minbu solar power plant in Magway Region. Upon completion, it will generate 350 Million Kilowatt Hours yearly and supply power to 210,000 households, a source at the Ministry of Electric Power and Energy said. GEO (Myanmar) Co Ltd is now implementing the 170MW […]

Filed Under: Latest News Tagged With: BOT, Build-Operate-Transfer, foreign investment, GEO (Myanmar) Co Ltd, Khunchaung natural gas-fired power plant, Kyeeohnkyeewa, Magway Region, Marn natural gas-fired power plant, Minbu solar power plant construction, Minister for Electric Power and Energy, Ministry of Electric Power and Energy, Monechaung, Myittha hydropower plants, power purchase, Win Khaing

Sembcorp Takes Another Step on Myingyan Project

January 20, 2017 by thiha

Singaporean energy firm Sembcorp signed a build-operate-transfer (BOT) agreement with Myanmar’s energy ministry yesterday for the Myingyan power plant, a high profile energy project expected to receive loans from a variety of international lenders. Tan Cheng Guan, Sembcorp Industries’ head of group business development and commercial, signed the BOT agreement with U Htein Lwin, […]

Filed Under: Latest News Tagged With: AIIB, Asian Infrastructure Investment Bank, BOT, Energy, IFC, Liu Xingti, Mandalay Region, Myanma Electric Power Enterprise, Myanmar investment commission, Myanmar Ministry of Electricity, Myingyan power plant, Singaporean Energy Firm Sembcorp, Tan Cheng Guan, U Htein Lwin

Sembcorp Myingyan project powers inks build-operate-transfer agreement with Ministry of Electric Power & Energy

January 19, 2017 by Thiha

Sembcorp Industries (Sembcorp signed a build-operate-transfer) (BOT) agreement with the Ministry of Electric Power and Energy of Myanmar (MOEE), for its upcoming 255-megawatt Sembcorp Myingyan gas-fired power plant in Mandalay yesterday. The agreement between Sembcorp Myingyan Power Company and MOEE was signed by Tan Cheng Guan, Sembcorp Industries’ Executive Vice President & Head, Group Business […]

Filed Under: Latest News Tagged With: BOT, Electric Power Generation Enterprise (EPGE), embcorp Group President & CEO Tan Kin Fei, industry, mandalay, Myanma Electric Power (MEPE), Sembcorp, Sembcorp Myingyan project, Tan Cheng Guan, the Ministry of Electric Power and Energy of Myanmar (MOEE), The Myanmar Government

Condominium by-Laws Delayed With Govt Targeting Completion by Year’s End

October 26, 2016 by thiha

A shortage of technical expertise has delayed the issuance of by-laws that would allow sales under the Condominium Law passed last January, industry sources say. Expectations that the law, which was finally passed after considerable debate and delay, would usher in a spate of foreign purchases of Myanmar real estate have so far proved unfounded. U […]

Filed Under: Latest News Tagged With: Attorney General Office, BOT, Condominium law, construction, Daw Moh Moh Aung, Department of Urban, Documents Registration Office, Housing Development, Housing Development Bank, MInistry of Construction, Myanmar real estate, Myanmar Real Estate Services Association, The Myanmar Times, U Min Htein, U Win Zaw

China stands as largest investor in Myanmar’s power sector

September 20, 2016 by thiha

China has topped the foreign investors line-up of power sector of Myanmar for four months of this fiscal year 2016-2017, official media reported Thursday. China invested in five projects in electric sector worth with 1.3 billion US dollars, followed by Singapore with 570 million US dollars in four projects, according to an official of the […]

Filed Under: Latest News Tagged With: BOT, China, Company Administration, DICA, Directorate of Investment, Energy, Ministry of Electricity, Myanmar, U Htein Lwin