Garment Industry Must Raise Value Proposition to Stay Sustainable

2017 was a strong year for the garment export sector. During the seven months between April and November, some $1.5 billion worth of garment products were shipped out of Myanmar, bound for warehouses owned by the likes of Uniqlo and Primark in Japan and Europe, according to the Ministry of Commerce (MOC). The pace of […]

New SEZ at Dala Township on the Cards

A new Special Economic Zone (SEZ) will be established at Dala township in the Yangon Region after completion of the Yangon-Dala Bridge, said Yangon Chief Minister U Phyo Min Thein at the Challenges for Business Enterprises in 2018 public talk at the Union of Myanmar Federation of Chambers of Commerce and Industry headquarters on Sunday. […]

New Industrial Zones Planned at 11 Townships in Yangon Region

The Yangon Region Government is planning to construct new industrial zones in 11 townships outside the Yangon, according to U Nay Win, representative of Pyithu Hluttaw in Thongwa township of Yangon region. U Phyo Min Thein, Chief Minister of the Yangon Region Government met representatives of parliament and the departments of relevant ministries to discuss […]

Expression of Interest for cooperation in Asbestos Cement Sheet Plant (Hmawbi). Closing Date 24 Oct 2017

Asbestos Cement Sheet Plant (Hmawbi) under supervision of No.2 Heavy Industrial Enterprise is intended to cooperate with Local and Foreign entrepreneurs. See Google Map Location here. Companies who interested in those cooperation are required to submit their EoI not later than 3:00 pm, on 24th October 2017 to Technology Development Department, No.2 Heavy Industrial Enterprise. […]

Yangon allocates additional K47 billion budget

The Yangon Regional government allocated K47 billion supplementary budget for fiscal year 2017-2018 to fund several road construction and rehabilitation projects, the regional minister of planning and finance said. U Myint Thanung, regional minister of planning and finance, said the additional budget was necessary since the original estimated regional budget of K424.2 billion was already […]

World Bank pumps in $100m to halt floods in Yangon

Yangon Region Minister U Phyo Min Thein said a study on how to address the floods in Yangon is ongoing, partly using the $100 million aid. Currently, drains in the Yangon City are becoming narrow and low amid increasing population and increasing rainfall, he said in a recent meeting with the vice president and the […]

Japan’s IHI inaugurates heavy concrete factory joint venture in Myanmar

IHI Corp. held an opening ceremony Sunday for its heavy concrete factory in Myanmar, becoming the first Japanese plant producing pre-stressed concrete products in Southeast Asia’s newest emerging market. The Tokyo-based heavy industry company, in partnership with Myanmar’s Construction Ministry, opened the $12.2 million facility in the Myaungdagar Steel Industrial Zone in Hmawbi, located about […]

Hlegu Lures Speculators

​​ Speculators with their eyes on Hlegu township are turning the area into a property price hotspot, according to real estate agents. The property market in Yangon has been notoriously sluggish in recent years, but speculators are making an exception of Helgu, said Daw Thuzar May, director of Thit Sar property real estate agent. Real estate agents […]

Bel Ga to establish international standard hatchery in Myanmar

A state-of-the-art hatchery will soon start construction in Yangon, an important milestone for the SAPA project (Sustainable and Affordable Poultry for All) and for the poultry sector in Myanmar. One of the important targets for SAPA project is to reduce the current unstable supply of Day Old Chicks (DOCs) and provide the farmers with the […]

EOI for Cooperation in Asbestos Cement Plant with Ministry of Industry. Closing Date 28 Oct 2016

Subscribe to our tender alert mailing list Invitation of Expression of Interest (EOI) for Cooperation in Asbestos Cement Plant (Hmawbi) under supervision of No.2 Heavy Industrial Enterprise, Ministry of Industry Asbestos Cement Plant (Hmawbi) under supervision of the No.2 Heavy Industrial Enterprise of Ministry of Industry intend to cooperate with Local and Foreign entrepreneurs. As […]