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OUELH expands into Myanmar healthcare with US$19.5m acquisition

OUE Lippo Healthcare (OUELH) is venturing into Myanmar with stake acquisitions in two joint venture companies that own three hospitals, one medical centre and two clinics. This will give the company presence in the key cities of Yangon, Mandalay and Taunggyi, the subsidiary company of OUE Limited said on Thursday. OUELH’s wholly owned units have […]

Investors Needed to Link New Hanthawaddy Airport to Yangon

Financial backing from the private sector is needed to link Burma’s proposed new international airport at Hanthawaddy with Rangoon, the country’ biggest city, government officials said. “We propose a highway and a high-speed train to Yangon,” Kyaw Soe, an official at the Department of Civil Aviation, told The Irrawaddy. Unable to put a number on […]

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. […]