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 […]

Construction materials trade opened to local-foreign joint ventures

The Ministry of Commerce has further relaxed trade restrictions on foreign companies, opening onshore trade in construction materials to local-foreign joint ventures, according to a July 7 announcement. International firms were barred until last year from Myanmar’s import-export industry, which was tightly controlled until 2011 by companies with ties to the former military regime. Last […]

Sumitomo JV to export Myanmar wooden furniture

A Local joint venture subsidiary of Japan’s Sumitomo Forestry is seeking overseas buyers for its furniture made from Myanmar rubber trees. The factory, based in Mon State’s Mawlamyine township, is run by local firm Moe Mya Chel Company in partnership with Sumitomo and Japan’s Oji Forest and Products. The three companies have invested 54 percent, […]

Ministry of Electric Power and Energy to open petrol stations

The Ministry of Electric Power and Energy is planning to cooperate with a foreign company to sell and distribute petrol and diesel fuel to government ministries and will open petrol filling stations to compete with the private sector, said Thant Zin, director general of the Myanma Petroleum Products Enterprise. The joint-venture process will be finalised […]

SL Agritech says hybrid rice trial in Myanmar successful

A hybrid rice field trial in Myanmar has yielded 150 metric tons of seed per hectare over 100 hectares in Yangon’s Dagon township, proving Myanmar can be a viable production site for the Philippines’ rice and rice seed exports to foreign markets. SL Agritech Corp. successfully led a pioneering trial of hybrid rice seed SL-8H, […]

Myanmar pushes ahead with new carrier, airport

Asia’s recently democratized nation, Myanmar (formerly Burma), is expanding its aviation capability with a new airline and the construction of an international airport. The new carrier, to be named Asian Blue Aviation, is joint venture (JV) between Japan’s full-service carrier All Nippon Airways (ANA) and Myanmar-based banking, infrastructure and telecoms company Golden Sky World, a […]

Soilbuild Construction secures US$9.4m contract in Myanmar

SOILBUILD Construction Group announced on Tuesday that it has attained a design and build contract worth about US$9.4 million to carry out addition and alteration works at St John Shopping Center in Yangon, Myanmar. The project was awarded by a joint venture between two companies in Myanmar which have activities in retail and real estate […]

Carlsberg Establishes Greenfield Brewery in Myanmar with ALECTIA

In 2013 Carlsberg Group announced that it had signed a strategic partnership agreement with a local privately-owned leading beverage company, Myanmar Golden Star (MGS) Breweries, to brew and market Carlsberg beers in Myanmar. Under this agreement, MGS Breweries and Carlsberg formed a Joint Venture – Myanmar Carlsberg Co., Ltd. – with plans to set up […]

Myanmar spelling disrupts Carlsberg’s marketing plan

MYANMAR Carlsberg has learned a lesson the hard way: It should have been wiser in picking a local term for its marketing plan. The company, the brewer of Tuborg beer, has been embroiled in widespread criticism this past week, after its decision to use a popular Myanmar term – tu po – on the label. […]

Pattko Alleges Foul Play in Economic Zone Tender; Calls for Re-examination

Pattko Global Development Company, which was one of the bidders for the tender of the second central economic zone project in Yangon, has alleged opaqueness in the tender awarding process and called for re-examination. The company said that the country has lost billions because of offering low rental rates to the winner. U Tin Hlaing, […]