Govt reserves land for Rakhine state SEZ

The government has set aside 1708 hectares (4289.32 acres) for the future Kyaukphyu Special Economic Zone in Rakhine State, parliament heard on December 3. Deputy rail minister U Myint Thein, the chair of the Kyaukphyu SEZ management committee, said the zone would comprise two deep-sea ports of 148 hectares and 95 hectares in extent respectively, […]

19 foreign companies signal interest in LPG joint venture tender

Nearly all of the 19 foreign companies submitting letters of expression of interest for a joint venture Liquefied Petroleum Gas (LPG) project have done so with a local partner, according to an announcement. The tender winner is to partner with state-owned Myanma Petrochemical Enterprise to import and distribute the fuel, which is a staple cooking […]