Korea-Backed Industrial Zone to Locate in Northern Yangon

South Korea and Myanmar have reached an agreement to establish an industrial zone in northern Yangon, and constructions will begin in early 2018, Daw Moe Thida, assistant director of the Department of Urban and Housing Development (DUHD), told The Myanmar Times on June 21. At Nyaung Na Pin township, the industrial complex project will have an estimated area of 570 acres. South Korea state-owned corporation, Korea Land & […]

Int’l tenders to be invited for rail upgrades

Subscribe to our tender alert mailing list Myanmar government plans to invite international tenders to bid for railway upgrade projects including the Yangon-Mandalay railway line, said a ministry official at the recent Myanmar Infrastructure Summit. “Foreign investments are required for our projects. In terms of international aid, JICA [Japan International Cooperation Agency] has contributed the […]