ASEAN’s largest packaging firm to start Thilawa operations next year

Kian Joo Group, the largest packaging business in ASEAN, is investing in a packaging plant in the Thilawa Special Economic Zone (SEZ). Construction of the plant is expected to be complete by the first quarter of next year. Malaysia-based Kian Joo is one of the biggest can manufacturers within ASEAN, manufacturing a wide range of […]

China Eyes Mon State Investment

MAWLAMYINE, Mon State — Chinese Ambassador to Myanmar Hong Liang indicated his country is considering investment in Mon State during a meeting with the state government on Friday. According to the Chinese ambassador, investors are interested in rubber products manufacturing, fruit cultivation and the tourism sector, said Mon State minister for natural resources and environmental […]

Residents stage protest against coal-fired power plant built in MCL Cement Plant

Malamyine residents have staged a protest against the coal-fired power plant at MCL Cement Plant in Kyaikmayaw, Mon State, which may also have been constructed without permission. Aung Kyaw Thu, Chairman of Finance, Planning and Economic Affairs Assessment and Scrutiny Committee of Mon State Parliament, said: “Our committee raised a question to the Ministry of […]

Mawlamyine plant may not have proper power plant permission

Myanmar: A controversial 0.5Mt/yr cement plant in Mon State’s Kyaikmayaw Township has apparently not sought permission from the Ministry of Electricity and Energy in order to generate power, according to the ministry itself. This has rekindled demands from local residents that the plant cease production. The US$400m plant, run by Mawlamyine Cement Limited (MCL), is […]

Foreign investor looking for Myanmar cement plant to buy

  Foreign investor looking for Myanmar cement plant to buy over Our client is looking to buy over a cement plant which meets the following conditions: The daily capacity of the cement clinker production is more than 5000 tons; The limestone mines and necessary raw materials are available; The construction of the cement plant has […]

Siam Cement Group to invest in greenfield cement plant in Myanmar

Siam Cement Group yesterday said it would invest Bt12.4 billion for its first integrated greenfield cement plant in Myanmar to serve the rising demand in that market. Kan Trakulhoon, president and chief executive of SCG, said the board of directors approved the investment to construct its first fully integrated cement plant in Myanmar under that […]

Thailand SCG’s cement plant likely to get board nod from board

SIAM CEMENT GROUP’S board of directors is expected in August to approve a plan to invest US$420 million (Bt13.15 billion) in a new cement plant in Myanmar, indicating its confidence in the economic potential of Asean. “Despite concerns of lower economic growth in Asean, we’re still confident that it’s a promising region. In August, the […]