Solar energy to power Maubin industrial park

Solar energy will be distributed at the recently opened Maubin Industrial Park, according to Ayeyawady Region government. The electricity infrastructure plays a vital importance for the development of industrial zone. The State still cannot supply sufficient electric power for the park. And so, the companies concerned are preparing to supply solar energy, said U Win […]

Myanmar surpasses FDI target of $6 bn in fiscal year 2016-17

“We have approved 135 foreign businesses according to the Foreign Investment Law during this fiscal year,” he said this week. “Meanwhile, we have approved FDI inflows of $262.59 million in the Thilawa Special Economic Zone, according to our SEZ Law. In total, we could approve $6.87 billion [Bt240 billion] this year.” Aung Naing Oo is […]

MIC divides country into three categories

The Myanmar Investment Commission has established three development categories, offering different income tax exemptions depending on the level of development. Under the Myanmar Investment Law, the least developed zones include 14 townships in Kachin State, seven each in Kayah and Kayin, nine in Chin, 35 in Sagaing Region, four in Tanintharyi, five in Bago, 13 […]

Invitation for Bids for Supply of Solar PV System for National Electrification Project

Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens.   Myanmar National Electrification Project Credit No. 5727-MM Contract Title: Supply, Installation and Maintenance of Solar PV System for Households and Public Facilities Reference No. S&I – 2 (12 lots) 1. The Government of Myanmar has received financing […]

Government cracking down on illegal trading & smuggling

The Union government is planning to take stringent measures against illegal trading in order to prevent the smuggling of contraband, which causes a great loss of revenue, said U Kyaw Win, Union Minister for Planning and Finance. “It is essential for the nation to control contraband but it must be carried out in a systematic […]

Nay Pyi Taw villages rewired in 100 days electrification plan

The government has arranged to connect 1150 households in Nay Pyi Taw’s Ottarathiri township to the national electricity grid as part of the new administration’s 100-day plans, according to U San Yu, deputy secretary of the Ministry of Electricity and Energy. The initiative is part of a broader effort to bring electricity to more than 15,000 […]

Myanmar Shwe Ying selected for Yangon traffic control system project

  THE Myanmar Shwe Ying Company has been selected to implement a project that includes the establishment of a control centre and the upgrading Yangon’s traffic lights with CCTV cameras, said Saw Tun Mya Aung, Kayin ethnic affairs minister of Yangon Region government. According to the regional minister, who is also the chair of the […]

Bed and breakfast programme debuts in Myanmar

KAYIN State in Myanmar has become the country’s first state to offer a bed and breakfast (B&B) programme, in reaction to the area’s growing popularity. The state government has so far approved six of seven applications to open B&B lodgings in Thandaunggyi, a colonial-era hill station located in northern Kayin State.. “This is being implemented […]

ADB to Loan $100 Million to Upgrade Road in Kayin on GMS Corridor Route

The Asian Development Bank (ADB) has approved a $100 million loan to improve a 66.4 kilometre section of road connecting the towns of Eindu and Kawkareik in Kayin state, dubbed as the missing link of the Greater Mekong Subregion (GMS) East-West Corridor. The Manila-based lender said the project will improve the existing two-lane road in […]

Telecom price war intensifies

The price war in Myanmar’s telecoms industry has intensified as the two foreign players stepped up their efforts to dominate the market with cheaper internet packages. The latest battle took place on May 26 when Qatar’s Ooredoo announced that it would cut its 3G internet charge from Ks10 per MB to Ks6 for non-contract customers. […]