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Govt still keen to build international airport in Bago

The government is still expecting to build Hantharwaddy International Airport in Bago with support from the Japanese, said U Win Khant, Permanent Secretary of the Ministry of Transport and Communications. “As Hantharwaddy is an essential airport, we’ve been trying hard to get construction started. We are seeking help from Japan to manage the construction of […]

New industrial zone proposed northwest of Yangon

Golden Myanmar Investment Consortium, which was formed by investors from China, Hong Kong and Myanmar to develop industrial zones, is planning to set up a new zone in Htantabin township, Yangon, the Yangon Region government and Yangon Region Investment Committee have announced. The creation of the industrial zone is expected to require investments totaling US$500 […]

Construction starts on Japan-Myanmar JV industrial complex in Yangon

The construction of a joint venture industrial complex between Japanese and Myanmar companies started Saturday in Yangon with an official ribbon-cutting and ground-breaking ceremony held at the site. The industrial complex, located inside the Thilawa Sepecial Economic Zone, about 23 kilometers south of the city center of Yangon, is expected to draw businesses involved in […]

Investors Needed to Link New Hanthawaddy Airport to Yangon

Financial backing from the private sector is needed to link Burma’s proposed new international airport at Hanthawaddy with Rangoon, the country’ biggest city, government officials said. “We propose a highway and a high-speed train to Yangon,” Kyaw Soe, an official at the Department of Civil Aviation, told The Irrawaddy. Unable to put a number on […]

SGX-listed Yoma’s consortium succeeds in tender for management of Myanmar’s Mandalay Airport

Subscribe to our tender alert mailing list Yoma Strategic Holdings, a Myanmar focused, Singapore-listed company primarily involved in real estate, said on Monday that a consortium it formed with two Japanese companies, Mitsubishi Corporation and JALUX Inc., has been selected by the authority of Myanmar as the successful tenderer to “upgrade and operate” the Mandalay […]