Myanmar’s first textile-based industrial zone to be established in Sagaing

Eastern Development International (Myanmar) and Dongzhan Textile Group, a Chinese company, are set to jointly develop a textile industrial cluster worth over US$371 million in Sagaing Region. The two companies will work with the private sector on all stages of construction of the project, making it the first textile-based industrial zone in Myanmar. The project […]

Second aviation facility for development of Chin State

Now is time of beefing up development tasks in all parts of Myanmar including hilly areas and remote sites. Despite facing impacts of pandemic Covid-19 similar to other global countries, Myanmar is undertaking development tasks in line with the health guidelines as much as it can. Especially, infrastructures are being built in hilly areas which […]

Low-cost housing units set to hit market

The Department of Urban Housing Development (DUHD) under the Ministry of Construction will offer 388 low-cost apartments in the month of December. Around 4710 people with savings of over K3 million as of September will have the chance to apply for the Official Direct Assistance (ODA) loans. Applicants need to have a savings account at […]

Construction of highway connecting Dawei SEZ, Htikhee to commence next year

The construction of a 140-kilometer two-lane highway connecting the Dawei Special Economic Zone (SEZ), in Tanintharyi Region to the Htikhee at the Thai border will commence in mid-2021, according to the Dawei SEZ Management Committee. When complete, it will take travellers from the SEZ about2.5 hours to reach Htikhee by car. It will take another […]

Tamu highway bus terminal construction completed

<a href=”https://youtu.be/pCvYiQYDHcE” target=”_blank”><img src=”https://consult-myanmar.com/wp-content/uploads/2013/10/doingbusinessinmyanmar-thumbnail2.jpg” width=”600″ height=”250″ /> </a> The construction of highway bus terminal in Tamu town, Sagaing Region, which is a gateway to Myanmar-India cross-border trading, is completed, said U Myo Min Tun, Executive Officer of Tamu Township Development Committee. “There was no highway bus terminal in Tamu. It is self-provided building in cooperation […]

All rural areas in Yangon Region to enjoy electricity by December

<a href=”https://youtu.be/pCvYiQYDHcE” target=”_blank”><img src=”https://consult-myanmar.com/wp-content/uploads/2013/10/doingbusinessinmyanmar-thumbnail2.jpg” width=”600″ height=”250″ /> </a> A full percentage of people living in rural areas of Yangon Region will have access to electricity by the end of December this year, said Chief Minister Phyo Min Thein. The chief minister disclosed the information during the inauguration of Gyobyu and Theingon power sub-stations in Taikkyi […]

Yangon Elevated Expressway, phase one to cost $800 million

Phase one of the Yangon Elevated Expressway Project, which includes construction of the Yangon Elevated Expressway and the Yangon Circular Expressway, will cost around $800 million, according to U Han Zaw, union minister for the Ministry of Construction. “The project is part of a Public Private Partnership (PPP) system with the Yangon region, and will […]

Construction of Ayeyarwady coastal expressway to start this year

Implementation of the Ayeyarwady Coastal Region Development Project, an expressway connecting Ayeyarwady Region and Rakhine State listed under the Myanmar Project Bank, will start from this fiscal year, according to the Ministry of Construction. The project is estimated to cost US$94 million and expected to be complete in fiscal 2023-24. The project will involve the […]

Construction of Bago-Kyaik Hto Expressway to commence in 2022

Construction of an expressway connecting the city of Bago and Kyaik Hto township in Mon State is expected to start in fiscal 2022-23, U Aung Myint Oo, Director General of Department of Highways under the Ministry of Construction, told the Myanmar Times. This comes after the Asian Development Bank (ADB) last week approved a US$483.8 […]

Investment in Myanmar continue to grow despite COVID-19

Although garment and other factories have been hugely impacted by the COVID-19 pandemic, local and foreign investments are still flowing into the country, according to the Yangon Region Investment Committee. The government approved two investments totalling US$2.65 million in shoemaking and garment manufacturing by China and Singapore at the end of October that are expected […]