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Invitation for Bids – Yangon Mandalay Railway Improvement Project Phase II, Deadline: 18th September, 2019

The Republic of the Union of Myanmar Ministry of Transport and Communications Yangon Mandalay Railway Improvement Project Phase II Invitation for Bids Date: 5th August 2019 Loan Agreement No: MY-P26 dated 29th March, 2018 IFB No: IFB-MR/BD/2107 The Government of the Republic of the Union of Myanmar has received a loan from Japan International Cooperation […]

Japanese boost medical techs in Myanmar

The Ministry of Health and Sports has announced an initiative to boost local skills in medical engineering. The project, which is being implemented with the help of the Japan International Cooperation Agency (JICA), will run through April 2023 at the University of Medical Technology, Yangon, according to a senior official of the university’s Human Resources […]

Chronic traffic leading to higher socio-economic costs in Yangon

Ma Win Win starts getting ready for work at 6am sharp each day. By 6.30am she’s already at the bus stop waiting to board the two-hour long ride to her office downtown. It’s a long ride but she has no choice, as traffic in the morning is almost always at a standstill. With fewer cars […]

FDI inflow expected to hit nearly six billion USD this FY

The inflow of foreign direct investments (FDI) is expected to hit nearly six billion US dollars in 2018-2019 fiscal year, according to Myanmar Investment Commission (MIC). From October, 1 to April 26 of this fiscal year, the total FDI reached 2546.905 million US dollars. At its meeting held at the Directorate of Investment and Company […]

Yangon’s mass rapid transit to receive Japan aid

The Japanese government will provide overseas development assistance for the Yangon Urban Mass Rapid Transit (YUMT) project, according to Japanese Ambassador Ichiro Maruyama. The Ministry of Transport and Communication (MOTC), with help from Japan International Cooperation Agency (JICA), drafted the development plan for Yangon’s urban transport from 2016 to 2035. The project, also known as […]

Construction of Yangon’s Outer Circular Road to Begin by Year End

YANGON—Myanmar’s Ministry of Construction has announced it will construct two circular roads inside and outside Yangon with the assistance of the Japan International Cooperation Agency (JICA). Construction of the outer road is to be divided into four phases and will start with the eastern section, according to U Kyi Zaw Myint, deputy director general of […]

More projects to ensure sufficient water supply to Yangon : YCDC

To ensure water supply to the growing population of Yangon, the Yangon City Development Committee plans to consecutively implement more projects until 2040, said U Myint Zaw Than, deputy section head, Department of Engineering (Water and Sanitation), under the YCDC. “The YCDC and the Japan International Cooperation Agency (JICA) are jointly drafting a master plan […]

New Thanlyin bridge project gets go-ahead

The acceptance of a loan from the Japan International Cooperation Agency (JICA) which will be used for the construction of a second bridge across the Bago River connecting Thanlyin and Yangon has been approved, said a Pyithu Hluttaw MP U Lwin Ko Latt. The first instalment on the JICA loan totals US$36 million (K56.1 billion). […]

Ayeyarwady Region Investment Fair on 30th Nov to 1st Dec 2018 at Ngwe Saung Beach

The Ayeyarwady Region Investment Fair is jointly organized by Myanmar Investment Commission (MIC), Japan International Cooperation Agency (JICA), Ayeyarwady Region Government and supported by Japan External Trade Organization (JETRO) and Myanmar Survey Research (MSR). The Ayeyarwady Region Investment Fair will be held at Yamonnar Oo Resort Hotel, Ngwe Saung Beach, Pathein Township on November 30, […]

Myanmar devises roadmap for expansion of Yangon city

YANGON, June 24 (Xinhua) — Myanmar’s Yangon regional government has formed a new firm to draw up a roadmap to undertake expansion of the financial center to make it a business-friendly and livable city. The first and second phases of the huge project of the New Yangon City Development Company (NYCDC), which is fully owned […]