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Firms invited to bid for upgrade of Yangon-Mandalay expressway

The Ministry of Construction will invite Expressions of Interest from the private sector for the upgrading of the Yangon–Mandalay Expressway, U Han Zaw, Minister of Construction said. The project is one of the 58 national development projects listed in the Myanmar Project Bank. The project involves upgrading the 524 -km expressway, currently the most important […]

State-owned steel mill seeks investors

The Ministry of Planning, Finance, and Industry is seeking expressions of interest from both domestic and foreign investors interested in participating in the recommissioning of the Myingyan Steel Mill. The steel mill, located near Sar Khar village, Myingyan Township in Mandalay Region, is reported to have a production capacity of 1.8 million tonnes a year. […]

Chinese, Norwegian investors to study projects in Chin

Chin State government officials say that they have expressions of interest from foreign investors to invest in power-generation projects in the state. This was revealed to The Myanmar Times by Chin State Minister of Development, Electricity and Industry U Soe Htet. The state is among the least developed in the country and is also the […]

Invitation for Price Quotation, Department of Rural Development

The Republic of the Union of Myanmar has received financing from the International Development Association (IDA) towards the cost of the National Community Driven Development Project (NCDDP). The IDA N° of the financing agreement is N° H814MM. The Department of Rural Development (DRD) of the Ministry of Agriculture, Livestock and Irrigation, in its role as […]

Investors could channel up to US$4.9 billion into Rakhine this year

Foreign and domestic companies last week signed 28 expressions of interest (EOI) to conduct business worth a potential US$4.9 billion in the state this year. The bulk of the EOIs were signed by businesses in the hotel and tourism sector, said U Kyaw Aye Thein, Rakhine State Minister of Finance, Revenue, Planning and Economy. “These […]

The wait’s nearly over for foreign insurers

After waiting years to enter the Myanmar market, foreign insurance companies have been told they can expect to be granted operating licences within months. The licences will be issued under an industry liberalisation plan that was delayed for more than a year – a hold-up that the regulator, the Insurance Business Regulatory Board, has defended […]

Foreign insurance firms may start operations by April 2019: regulator

Qualified foreign insurance providers will receive licenses to operate in Myanmar by April next year. “I can assure it is happening within the next 16 weeks,” U Thant Sin, Director of the Financial Regulatory Department under the Ministry of Planning and Finance, said during the UK Capital Market and Insurance Conference in Yangon on December […]

12 applications for first phase of Yangon highway project

The Ministry of Construction says it has received 12 prequalification applications for the Yangon Elevated Expressway Project (YEX) Phase 1. The deadline for submissions of prequalification applications was November 13, and the ministry has announced the companies or consortiums that submitted applications for the project. The companies/ consortiums are VINCI Highways from France, Team Korea […]

Ministry of electricity and energy, electricity supply enterprise, Expressions of Interest, EOI, Consulting Services, Submission Date: 27 September 2018.

Date 7th September 2018 Project No. 50020-002 Project Title Myanmar: Power Network Development Project Title of Assignment Project Implementation Consultant (PIC)    (Distribution Component) Deadline for Submission of EOI [27th September 2018 , 14:00 hr] 1. The Republic of the Union of Myanmar has applied for financing from the Asian Development Bank (ADB) toward the […]

Ministry of electricity and energy, department of power transmission and System control, Invitation for Expressions of Interest (EOI) – Consulting Services, Submission Deadline: 27 September 2018.

Date 7th September 2018 Project No. 50020-002 Project Title Myanmar: Power Network Development Project Title of Assignment Project Implementation Consultant (PIC)          -Transmission Component Deadline for Submission of EOI 27th September 2018, 14:00 hr 1. The Republic of the Union of Myanmar has applied for financing from the Asian Development Bank (ADB) […]