Myanmar opens first biomass power plant

Myanmar has utilised Japanese know-how to open its first biomass gasification power plant in its capital city Nay Pyi Taw. The rice husk gasification power plant was developed over five months by a Japanese consortium led by Yanmar Co. The group also includes Chiyoda & Public Works Co, Chiyoda System Technologies Corp and Kanso Co. […]

Denko gets green light for oil depot project

Denko Trading Company owned by business tycoon Chit Khaing has been granted permission to build an oil depot according to the Myanmar Investment Commission. The company will implement the project on 24 acres land of Thilawa Deep Sea port under a Build-Operate-Transfer (BOT) agreement authorised by the transportation ministry and Myanmar Ports Authority. Denko’s project […]

Asia World Co. urges the Government to take back the Nay Pyi Taw Air Port

The Asia World Company, the contractor for the Nay Pyi Taw International Airport, has urged the government to scrap this project which they said will not be profitable because very few airlines fly to this administrative capital. The Airport is being financed by the loan from China’s Import and Export Bank and the Myanmar Government […]