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President’s €35.7M Hydropower Loan Plan Presented to Union Parliament

Deputy Minister for Electricity and Energy U Tun Naing presented President U Win Myint’s proposal to obtain €35.7 million (60 billion kyats) in loans from the French Agence Française de Développement (AFD), to be used for major repairs on five hydropower plants throughout Myanmar, to the Union Parliament on Tuesday. The ministry said that hydropower […]

Myanmar risks falling into a China debt trap

To understand China’s top priority in Myanmar, forget Beijing’s involvement in the country’s sputtering peace process, or efforts to restart its backed but now suspended US$3.9 billion Myitsone hydroelectric dam, or even securing rights to extract copper at the locally resisted Letpadaung mine outside of Mandalay. Those are all subordinate interests to what China really […]

French chamber opens branch in Mandalay

The French chamber will launch its Mandalay business centre in early November to serve European, French and Myanmar businesses eager to expand into the country’s second largest city. CCI France Myanmar Business Centre will be located in Unit 5, Block 2 of the Mingalar Mandalay Compound. Situated beside the old Chanmyathazi airport and across the […]

French aid to improve water supplies

The French Development Agency (AFD) and the Yangon City Development Committee (YCDC) signed on September 22 a €1,25 million grant agreement that aims at financing the improvement of water service management in Tarmwe Township in Yangon. The project seeks to implement a technical and commercial management model for the municipality’s water service in the pilot […]

Suu Kyi’s man in Yangon under fire over transit deal with China

Aung San Suu Kyi’s first major infrastructure project could hardly be more visible – hundreds of new yellow buses now plying the streets of Yangon in what her ruling party hopes will be a potent symbol of how it is transforming peoples’ lives. But two deals to import 2,000 buses from China estimated at more […]

What is single origin coffee and why you just know about the Shan State Kyauk Kuu Pyin

In the world of scotch whisky, the term “single malt” has a very special meaning, one that is often revered (perhaps to a fault) by both those in and out of the know. For better or for worse, the term has become synonymous with quality. The reverence attached to it is sort of silly; there […]

Joint Chamber Networking – CCI France & AmCham on 18th May 2017

This is a not to be missed networking session organized by both the French and American Chambers in Myanmar. You can expect to see a big turnout of expatriates and local Myanmar business people at this event. BUSINESS NETWORKING SIGNUP FORM DO YOU WANT TO BE INFORMED OF NETWORKING SESSION HERE IN YANGON?If you are […]

AccorHotels plans six new properties in Myanmar

French group AccorHotels is planning to build six new properties in Myanmar by 2019 – in Yangon, Mandalay and Shan State’s Muse and Inle Lake . This would take its Myanmar portfolio to nine hotels, demonstrating considerable confidence in the future of the country’s nascent tourism industry. The Ministry of Tourism targets 6 million international visitors to […]

Myanmar to build factories to produce coaches and locomotive sheds

Myanmar is planning to build factories to produce coaches and locomotive sheds by using the international loans, Than Htay, Union Minister for Rail Transportation said. The announcement was made at the September 29 ceremony to open the Yangon Railway Station’s circular express train. The minister did not reveal the amount of loans from China and […]

French joint-venture to open agribusinesses in Myanmar

The French agricultural firm SIACOM has recently been given the go ahead under a joint-venture to launch agribusinesses in Myanmar, according to the The Myanmar Investment Commission (MIC). The Societe Industrielle Agricole Et Commercial D’Outre Mer (SIACOM) and Myanmar’s XY Trading Co Ltd have joined hands under the new company Shwe Zabar Co Ltd, which […]