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Mining applications flow in, but few are complete

Over 1000 applications have been received for mining blocks since July, according to U Min Min Oo, permanent secretary at the Ministry of Natural Resources and Environmental Conservation (MONREC) at the 4th annual general meeting of Myanmar Federation of Mining Association held last week. However, only 193 of all the applications received are complete, he […]

Kayin residents want monitoring of cement factories’ operations

Residents living near two cement factories in Hpa-an Township in Kayin State have called on the government to ensure transparency in the operation of the plants in order to protect their health amid reports they are already using coal for power. Some 2955 residents near the factory in Myaingkalay Village, said they are worried about […]

Government enacts tougher forest law

The Myanmar parliament has enacted a tougher forest law that threatens violators with up to 15 years in prison in a bid to conserve the country’s fast-dwindling forests. Under the new law, which was enacted on September 20, forest staff can also be punished for accepting bribes or for being involved in the extraction, transfer […]

Myingyan: Plugging Myanmar’s Power Gap

Sponsors of the $300 million 225MW gas-fired Myingyan IPP project in Myanmar have signed on a $250 million non-recourse DFI-backed loan. The deal is the unrated country’s debut in the internationally banked long-term project finance market and its first non-recourse financing in the power sector. The project was awarded under a 22-year BOT concession to […]

Chin to Build Infrastructure Links for Investment

CHIN State, with a population of 478,801 as of 2014, is the least developed region in Myanmar and the second least populated. Basic infrastructure is still largely absent, and this has been a major hurdle for the Chin economy. Now, the regional government wants to attract investors by improving Chin’s road and maritime connectivity with […]

Influx of tourists can negatively impact Myanmar

Myanmar will not reap long-term benefits in opening up the country for tourists, if there is lack of policy to safeguard the environment, society and human rights, said a report. Released Friday, the report entitled “Myanmar Tourism Sector-wide Impact Assessment” said an influx of tourists can negatively impact Myanmar’s tangible and intangible cultural heritage.  “There […]

China’s troubled copper mine back on track

Geng Yi, the managing director of the Letpadaung Copper Mine, is cautiously optimistic that one of China’s largest investments in Myanmar will “soon be back on track”. Months of protests by local farmers and activists had brought operations to a halt. The project, a joint venture between China’s Wanbao Mining and its Myanmar partner, Union […]

Myanmar pipeline project gives China pause for thought

China National Petroleum Corporation (CNPC) on June 4 announced the completion of its Sino-Myanmar gas pipeline project (Myanmar section), signaling that it is ready to enter trial production. The oil pipeline between the two countries is currently 94 percent complete. As China’s fourth largest strategic energy import channel, the China-Myanmar Oil and Gas Pipeline Project, […]

Italian-Thai’s hydropower project in lower Myanmar allegedly stops

Myanmar government has allegedly stopped a hydropower dam project with Italian-Thai Company in Taninthayi region of lower Myanmar due to concern of possible environmental and social impacts. Italian-Thai’s dam project located near Myeik township will generate about 800 mega watt (MW) electricity upon completion, but it will pose flood risks to the thousands of acres […]