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Can we turn suspended factories into engines of national economic growth?

Steel is an essential material in the industrial products and in building infrastructures. If Myanmar can produce steel on commercial scale, we will be able to save our foreign exchange used in importing steel products and build an industrialized country. In fact, the country has large deposits of iron ore. Myanmar set up steel mills […]

Two-lane road connecting Dawei SEZ to be built

YANGON-Myanmar will be constructing a road that connects Dawei Special Economic Zone (SEZ) and the border area with Thailand, says Dr Than Myint, Commerce Minister and Chairman of the Task Force on SEZ construction. “Myanmar is now discussing about construction of road to Dawei SEZ with Thailand. We have conducted the survey for construction. Construction […]

Yangon’s new town plan expected to create about 900,000 job opportunities

The intended area for Yangon’s new town plan will cover up to 168,000 acres, and 20,000 acres of which will be used for the first phase and it is expected to create about 900,000 job opportunities, accord to the Socio-Economic Mater Plan of New Yangon Development Company. New Yangon Development Company (NYDC) hired top management […]

FDI in Thilawa SEZ project declines by $ 18.5 m

From April to August of the mini budget period, the foreign investments in Thilawa Special Economic Zone Project has dropped by US$ 18.5 million compared with the same period last year, according to a press conference by Myanmar Investment Commission on August 29. Than Aung Kyaw, Deputy Director of Directorate of Investment and Companies Administration […]

Yangon Region Government: Invitation to Submit the Proposal for Developing the Industrial Estate

Subscribe to our tender alert mailing list Republic of the Union of Myanmar Yangon Region Government Invitation to Submit the Proposal for Developing the Industrial Estate Yangon Region Government plans to develop industrial estates at various places around Yangon up to the international standard. These industrial estates need to be developed and managed by experienced […]

Permission still required for tourists to visit Mergui Archipelago

Foreign tourists seeking to visit the pristine Myeik Archipelago in Southern Myanmar still need to submit permission from the authorities, according to officials. “It has been specified that tourists are only allowed to travel in the towns in Kawthaung, Boat Pyin, Kha Mauk Kyi, Pyi Gyi Manai, Tayatchaung, Pu Law, and Kyunsu townships and they […]

Itochu Corporation to build Yangon-Thilawa Bridge

Japanese-based Itochu Corporation will build a Yangon-Thilawa bridge as part of the Thilawa special economic zone project, according to the Ministry of Construction. A Japanese delegation, led by Koji Umemoto from Itochu Corporation, met with construction minister Kyaw Lwin to discuss matters relating on implementation of construction project in Nay Pyi Taw on August 15. […]