DICA’s Invitation to Shan State Investment Fair on Feb 10, 2017. Please response by Jan, 31st 2017

It is our great pleasure to invite you and your business community to the SHAN STATE INVESTMENT FAIR, which will be held at the Royal Taunggyi Hotel in Taunggyi in Myanmar on 10th February 2017(Friday), co-organized by Myanmar Investment Commission (MIC), Japan International Cooperation Agency (JICA) and Southern Shan State Chamber of Commerce and Industry […]

Japan investment to change the face of train travel in Yangon

YANGON – Tourists visiting Myanmar’s largest city, Yangon, could be set to lose one of the star attractions of the former capital, as Japan invests in upgrading the railway which encircles the city. While the responsibility for upgrading the 46 kilometers of track which makes up the Yangon Circular Railway rests with Myanmar Railways, the […]

JICA Updates 2040 Plan for Yangon Development

​​ The Japan International Cooperation Agency (JICA) has handed over an updated version of its 2040 master plan for Yangon’s development to the region government, which is waiting until it has received a bevy of other plans from other agencies before deciding which recommendations to adopt. Yasushi Tanaka, the director general for JICA’s Southeast Asia […]

Thilawa SEZ Receives US$900 Million in Foreign Investment

​​ RANGOON — Japan-backed Thilawa Special Economic Zone (SEZ) in Rangoon’s Thanlyin Township has received more than US$900 million in foreign investment since its launch in 2014, said a recent report issued by the Myanmar Investment Commission (MIC). “Since the start of the operation, the SEZ has received US$903 million foreign investment,” MIC secretary U […]

Invitation for Bids for Yangon- Mandalay Railway Improvement Project Phase I. Closing Date 9 March 2017

Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens.   INVITATION FOR BIDS Date 9th December 2016 Loan Agreement No. MY-P4 dated 5th September, 2014 IFB No. MR/BD/104   The Government of Republic of the Union of Myanmar has received a loan from Japan International Cooperation Agency […]

JICA loans worth Ks358bn approved

Loans from the Japan International Cooperation Agency, totalling 31.051billion yen (Ks358.39bn) were approved during the 6th Day Meeting of the 2nd Pyidaungsu Hluttaw, 3rd Regular Session to fund the economically vital Thanlyin Bridge project that will span the Bago River, the finance ministry said. “Thanlyin Bridge No. 3 is the main one linking to the […]

Millcon Thiha GEL Foresees Advantages in Being Steel First-Comer in Myanmar

MILLCON THIHA GEL is bullish that international development banks’ planned projects in Myanmar and demand from new factories to be constructed in Thilawa Special Economic Zone will keep its newly completed steel plant busy in the very near future. The company last week officially became the first manufacturer of industrial-grade steel products in Myanmar, being […]

Public transport to be prioritised in Yangon urban development plan

Changes are planned on the ground, on the water and on the rails. To improve public transport in Yangon, approximately eight public bus companies will be established, with Public Transport Control Center and Traffic Control Center to oversee the bus system. In addition, the circular railway system is will be upgraded. Also, bidding for the […]

Automated system available in border trade camps by 2018

The Myanmar Automated Cargo Clearance System (MACCS) is planned for use in border trade camps by 2018, according to the Customs Department. To facilitate trade, MACCS was launched at international ports, Yangon Airport International Cargo Terminal and Thilawa Special Economic Zone operations starting on 12thNovember. This will now be extended to border areas. The automated […]

Myanmar’s New Economic Zone Attracts Foreign Interest But Local Ire

YANGON (Thomson Reuters Foundation) – Looking north from Myint Win’s farm, across rice paddies and past bamboo huts, a massive new industrial development on the outskirts of Myanmar’s biggest city gleams in the distance. The buildings sprang up during the first phase of developing the Thilawa Special Economic Zone (SEZ), a 6,200 acre (2,500-hectare) industrial […]