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Govt to hold tender for construction of Muse airport this year

Plans are being drawn out for the construction of an airport in Muse, which is a major hub for trade at the Myanmar-China border. A tender will be held this year, said U Ye Htut Aung, deputy director general of the Department of Civil Aviation (DCA). “We have presented this project to the minister’s office. […]

Patheingyi Township will take action against illegal developments, house building

Patheingyi Township City Development Committee Chairman Nyunt Sann told Mizzima that they would take severe action against those building houses, roads, and developing residential areas on farmland in Patheingyi Township, Mandalay Region and transporting building materials of sand and quarry. “We have taken action against filling earth on plots, building roads and building houses on […]

Myanmar to build LNG power stations to meet energy requirements in 2022

Myanmar is planning to start three liquefied natural gas (LNG) power projects and a combined cycle power project to meet energy requirements in 2022, said Union Minister Win Khaing of Electricity and Energy. “The ministry provided electricity to 30 per cent of households recent years and the supply will be up to 50 per cent […]

Hantharwady International Airport back on radar

The Department of Civil Aviation (DCA) will conduct a field study on the construction of Hantharwady International Airport in Bago, according to deputy director U Zaw Min on March 21, during a meeting on crop compensation for farmers living within the vicinity of the project site. The US$1.5 billion project will be fully funded by […]

Private capital needed to fund required infrastructure

Unlocking investment from the private sector is necessary for Myanmar to fund its building of transport infrastructure, speakers at a construction sector forum said. Bankability and risk-sharing would be the two key criteria to incentivise businesses to take part. Recently, the European Chamber of Commerce Myanmar (EuroCham) held the first construction forum in Yangon. The […]

Construction of Yangon’s Outer Circular Road to Begin by Year End

YANGON—Myanmar’s Ministry of Construction has announced it will construct two circular roads inside and outside Yangon with the assistance of the Japan International Cooperation Agency (JICA). Construction of the outer road is to be divided into four phases and will start with the eastern section, according to U Kyi Zaw Myint, deputy director general of […]

Upscale housing project takes shape near Mandalay

A housing project to be built in Yay Tagon Taung in Mandalay Region’s Patheingyi township is expected to create tens of thousands of jobs, said the company behind the project. The project site is on 202 hectares of land on a golf course owned by the Mandalay City Development Committee about six kilometres east of […]

Japan-backed bridge project begins in Yangon

Construction of a Japan-funded bridge in Myanmar, seen as a symbol of competing interests between China and Japan, kicked off Wednesday with a groundbreaking ceremony in Yangon, the country’s commercial capital. The bridge, funded by a ¥31 billion (K427.5 billion) low-interest loan from the Japan International Cooperation Agency, will be constructed over the Bago River […]

Yangon govt seeks parliament approval for K8B road project

The Yangon government has asked the regional parliament to allow it to use K8 billion (US$5.25 million) of the money meant for construction of pedestrian bridges and investment in foreign banks for road development instead. Regional Minister for Planning and Finance U Myint Thaung submitted the proposal to the Yangon Parliament on Tuesday. “These projects […]

Dala property prices soar due to bridge project

After the government had approved the construction of Myanmar-Korea Friendship Bridge connecting to Dala Township, property prices have risen in a blur as rumors of small-scale industries as well as housing projects in Dala runs rampant. According to property agents and Dala locals, land prices hiked up as much as tenfold. Over a month ago, […]