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Myanmar State Firm Signs Deal to Buy Electricity From Strategic Chinese Project in Rakhine

YANGON—A Myanmar state-owned enterprise has inked a power purchase agreement with a Myanmar-China joint venture company that is developing a 135-megawatt (MW) power plant project in Kyaukphyu, in western Myanmar’s Rakhine State. The plant is one of the strategic projects that make up the Myanmar section of Beijing’s grand infrastructure plan, the Belt and Road […]

Myanmar Invites Investment in South Eastern Kayin State

YANGON, Nov. 24 (Xinhua) — The Myanmar Investment Commission (MIC) on Friday invited local and foreign investment in southeastern Kayin state for local economic development. According to an announcement of the commission Friday, investments are invited in electric power generation, transmission and distribution, bonded warehouse, establishment of industrial estate, infrastructure for the transportation sector as […]

Announcement of Myanmar Investment Commission, Invitation to invest within Kayin State

1. The Myanmar Investment Commission has been holding Investment Fairs, rotating yearly, across the States and Regions in order to promote and invite investment for balanced economic development. Accordingly, this year’s Investment Fair will be held in Hpa-An Township, Kayin State on 24th November, 2017. 2. Investing in Kayin State would be beneficial for investors […]