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Invitation for Bids, Myanma Railways, Yangon-Mandaly Improvement Project Phase 2 (Deadline: 26 June, 2019)

  Date: 29 March 2019 Loan Agreement No: MY-P26 dated 29th March, 2018 IFB No: IFB-MR/BD/2105 The Government of the Republic of the Union of Myanmar has received a loan from Japan International Cooperation Agency (JICA) towards the cost of the Yangon Mandalay Railway Improvement Project Phase II. The Bid is invited by Myanma Railways […]

Asia World Sees Myanmar’s New Concrete Road as Catalyst and Confidence Booster for Investments Into Rakhine

The Asia World Foundation said today that a new, all-weather 54-kilometer concrete road will serve as a major confidence booster and catalyst for direct investments in Rakhine State which today kicked off a three-day investment fair that was inaugurated by Myanmar’s State Counsellor Daw Aung San Suu Kyi. The Foundation of the Asia World Group, […]

Japan-backed bridge project begins in Yangon

Construction of a Japan-funded bridge in Myanmar, seen as a symbol of competing interests between China and Japan, kicked off Wednesday with a groundbreaking ceremony in Yangon, the country’s commercial capital. The bridge, funded by a ¥31 billion (K427.5 billion) low-interest loan from the Japan International Cooperation Agency, will be constructed over the Bago River […]

Japan envoy says development is solution for Rakhine

Japan’s top envoy to Myanmar said that economic development is an answer to Rakhine’s conflict and that Tokyo is considering providing aid for the state. “If there is economic development, I believe that there will be no conflict,” Japanese Ambassador Ichiro Maruyama said ahead of a Japan-backed investment fair in Ngapali. The first Rakhine Investment […]

On track to meet Yangon’s growing water needs

With the hot season not far away, water shortages are set to become a problem again in many parts of Yangon. According to U Myint Zaw Than, Yangon City Development Committee (YCDC) deputy head of the Engineering Department for Water and Sanitation, the YCDC supplies water from four sources via a network of pipes. For […]

Yangon sets sights on smart-city goal

As the world advance, Yangon city has to become a smart city and also be made more liveable, said Yangon Region Chief Minister U Phyo Min Thein during the 10th anniversary of Barcamp Yangon held recently. BarCamp is an international network of user-generated conferences primarily focused around technology and the web. The Yangon Region government […]

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 […]

Chinese Firm Proposes $1.5-bn Elevated Railway for Yangon

YANGON—China is looking to make further inroads into Myanmar’s economy by funding a US$1.5-billion elevated railway project in the country’s commercial capital, Yangon. China Railway Eryuan Engineering Group Co., Ltd (CREEC) made a presentation about its planned project to develop an elevated railway to lawmakers in a media room in the regional parliament on Monday. […]

Japanese fund vocational skills institute

The Japan International Cooperation Agency (JICA) has signed an agreement with the government to establish and fund the Japan-Myanmar Aung San Vocational Training Institute. Under the contract, which was signed on Tuesday in Yangon, JICA will provide ¥165 million (K2.32 billion/US$1.47 million) for the detailed design of the institute, the Japanese aid agency said in […]

Is Myanmar Ready to Become a Regional Trade and Supply Hub?

Japanese Prime Minister Shinzo Abe recently pledged to promote more than 150 quality infrastructure projects in five nations in the Mekong River subregion—Myanmar, Thailand, Vietnam, Cambodia and Laos—under a new blueprint, the Tokyo Strategy 2018 for Mekong-Japan Cooperation, which will be effective from 2019 to 2021. Japan and China are competing for influence in Southeast […]