Made Island Offshore Supply Base Receives Green Light

Myanmar Chemical & Machinery Co (MCM) will fork out over US$96 million (K130 billion) under the Myanmar Citizen Investment Law to build an offshore supply base on Made Island in Kyaukphyu, Rakhine State, project director U Tin Soe told The Myanmar Times. The location lies along the 1,000-mile Rakhine-to-Kawthoung coastline, where a host of international […]

MIC Approves Another Offshore Oil and Gas Supply Base

The Myanmar Investment Commission (MIC) has approved an application to build an offshore supply base on Made Island, in Kaukphyu, Rakhine State, by the Myanmar Chemical & Machinery Company, according to an official MIC statement. The base will be developed on 146.7 acres of land in the Made village. The approval was granted after gas […]