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Railway reforms in Myanmar pick up steam

Since traffic congestion in Yangon has worsened due to the rise in internal migration, Myanmar has plans to speed up its railway sector reforms from this year onwards, according to a government official. Ba Myint, senior general manager and project director at Myanma Railways, said state-owned trains carried more than 47 million passengers last year, […]

Italian Thai, Rojana to Sign $1.7b Dawei Deal in March

Italian-Thai Development Pcl. and Rojana Industrial Park will sign a US$1.7 billion deal in March to develop the Dawei industrial zone in Burma, the Thai government said on Friday. Set to be Southeast Asia’s largest industrial complex when complete, the ambitious and long-delayed Dawei project in southeastern Burma includes highway links to Bangkok and Thailand’s […]