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MCEF to set up lending programme for construction sector

The Myanmar Construction Entrepreneurs Federation (MCEF) is planning to set up a loan programme for members who are in need of capital to start projects. MCEF chair U Shein Win said the central executive committee (CEC) of the organisation decided on the loan programme because small and medium construction firms were finding it difficult to […]

Plans underway to issue construction permits to condo license holders in Yangon

Plans are underway to issue construction permits to the companies that have received condominium establishment licenses in Yangon Region as soon as possible, said Yangon Chief Minister Phyo Min Thein. “We are trying our best to issue permits as quickly as possible. We are cooperating with the Ministry of Construction in accord with the condominium […]

Invitation for Bids, Ministry of Education, Deadline: 16th July, 2019

The Republic of the Union of Myanmar Ministry of Education Invitation for Bids Date: 31 May, 2019 Loan/Grant No. and Title: MYA 3472 – Equipping Youth for Employment Contract No. and Title: MYA 347/EYE/ICB/CW/Schools/ Deadline for Submission of Bids: 16 July 2019 The Government of Myanmar has received financing from the Asian Development Bank (ADB) […]

World BankConstruction ministry goes soft on broken highway contracts

THE department of Highways has revised build-operate-transfer highway contracts awarded by the military junta with 25 companies, including some of Myanmar’s biggest conglomerates, after discovering the roads they upgraded were substandard. The department, under the Ministry of Construction, has submitted the revised BOT contracts to the Ministry of Planning and Finance, the Myanmar Investment Commission […]

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 […]