THE department of Highways has revised build-operate-transfer highway contracts awarded by the military junta with 25 companies, including some of Myanmar’s biggest conglomerates, after discovering the roads they upgraded were substandard. The department, under the Ministry of Construction, has submitted the revised BOT contracts to the Ministry of Planning and Finance, the Myanmar Investment Commission […]
Chinese company proposes new circular railroad for Yangon
February 8, 2019 by
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 […]
Myanmar, Japan-involved consortium to build high structure in Yangon
October 12, 2018 by
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 […]
Expression of Interest, Upgrading and Renovation of Yangon City Golf Course on BOT Basis. Submission Date: 28 Sep 2018.
September 18, 2018 by
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 […]
Minbu solar power plant construction begins
February 13, 2018 by
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 […]
Condominium by-Laws Delayed With Govt Targeting Completion by Year’s End
October 26, 2016 by
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 […]
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