Solar energy to power Maubin industrial park

Solar energy will be distributed at the recently opened Maubin Industrial Park, according to Ayeyawady Region government. The electricity infrastructure plays a vital importance for the development of industrial zone. The State still cannot supply sufficient electric power for the park. And so, the companies concerned are preparing to supply solar energy, said U Win […]

Rakhine’s Tha Htay Chaung Hydro Dam Nearly 50 Percent Complete

Construction on the Tha Htay Chaung Hydropower Dam in Rakhine State is almost 50 percent complete, with electricity production to begin in the next few years, according to the re­gional government. The project has reached 42.74 percent complete at a cost of K17 billion, said U Aung Naing Tun, director of the Tha Htay Chaung […]

China-Myanmar oil, gas project benefits both

The China-Myanmar crude oil and gas pipeline, a pioneer project of the China-proposed Belt and Road Initiative, has brought tangible benefits to both sides, and won broad support. The pipeline project consists of a crude oil pipeline and a natural gas pipeline, which run from the port of Kyaukpyu on Myanmar’s west coast to Ruili […]

A private company proposes to supply electricity in Myeik

A private company, South East Asia Energy and Electricity Company, has submitted a proposal to Taninthayi regional government to supply 60 megawatts of electricity generated from hydropower, solar power and fuel oil (FO), with an investment of more than US$60 million in Myeik district, sources said. The company intends to supply electricity generated from hydropower […]

Hydropower threatens peace in Myanmar — but it doesn’t have to

Myanmar faces a critical moment for investment decision-making. The Barack Obama administration’s move to lift sanctions on the Southeast Asian country has opened up new opportunities. But the moves that are made today will send political and economic ripples into the future, and the international community must act responsibly. China wants to finance a 3,600-megawatt […]

Can Myanmar’s garment industry deliver decent jobs?

Myanmar was ruled by a military junta for 50 years. After such a long period of economic isolation, foreign investment is now booming as economic sanctions have been lifted following Myanmar’s first steps towards democracy. The export-oriented garment industry is benefiting from these new opportunities and is expanding at a rapid rate. Lured by low […]

Myanmar to solicit bids for its 1st LNG terminal

An international tender to build Myanmar’s first liquefied natural gas terminal will start as early as April, presenting a business opportunity for Asian trading and energy companies, according to a government source. Along with a floating LNG terminal with an annual capacity of 3 million to 4 million tons, the $2-billion project includes construction of […]

B4.5bn Dawei development loan okayed

Plans for the Dawei special economic zone have inched ahead after the Myanmar government agreed to borrow 4.5 billion baht from Thailand to finance the construction of a 132-kilometre road from Dawei’s proposed deep-sea port to Ban Phu Nam Ron in Kanchanaburi. Transport Minister Arkhom Termpittayapaisith, who led a Thai delegation to meet Myanmar officials […]

Japanese chamber makes proposals to Suu Kyi to promote investment

A visiting Japanese business delegation proposed policy measures to address major challenges impeding Japanese investment into Myanmar in a meeting Friday with the country’s leader Aung San Suu Kyi, state media reported Saturday. During the meeting in the capital Naypyitaw, the delegation of the Japan Chamber of Commerce and Industry, led by its chairman Akio […]

Days Numbered for BM Buses

Yangon’s rickety and ageing fleet of locally made and privately operated buses are gradually getting phased out amid tighter regulations, after years of accidents and customer complaints. The so-called “BM buses” are soon to come under the auspices of the Road Transport Administration Department (RTAD), Yangon Region Supervisory Committee for Motor Vehicles chair U Hla […]