Myanmar Told to Move Now for OBOR Benefits

MYANMAR will miss out on the benefits of participation in China’s One Belt, One Road trade initiative if it doesn’t get moving now with preparations, a forum was told. Aye Lwin, a member of the Myanmar Investment Commission and the ruling National League for Democracy party’s Central Economic Committee, said Myanmar must cooperate with its […]

Why India Isn’t Really ‘Acting East’ in Myanmar

As an ascendant economic and political power, India has long been eager to assert its influence on the global stage, particularly in neighboring Southeast Asia. India’s intentions for foreign engagement are best articulated in its so-called Act East policy, an ambitious effort to elevate Indian influence via economic and strategic links with the subregion. Central […]

Beset by delays, Myanmar-China oil pipeline nears start-up

Nearly a decade in the making, a project to pump oil 770 km (480 miles) across Myanmar to southwest China is set for imminent start-up, with a supertanker nearing the port of Kyauk Phyu, marking the opening of a new oil trading route. Dogged by sensitive relations between Naypyitaw and Beijing, the $1.5 billion oil […]

Kyaukphyu gets critical role in AEC

The Kyaukphyu region has become the Asean’s last gateway and economically important spot, according to a report issued during the workshop regarding the Asean Economic Community (AEC) held on Tuesday at Sakura Tower, Yangon. “Kyaukphyu is important for its geographically strategic location. Its surrounding waters are deep enough for large ocean-going vessels to dock. We […]

Ministry of Electric Power invites for Renting of Gas Engine, closing date: 16th July, 2014

Subscribe to our tender alert mailing list Ministry of Electric Power Invitation of Open Proposal 1. The Ministry of Electric Power invites all Foreign and Local Investors to submit Proposal for Renting of Gas Engine or Gas Turbine Generator at Kyauk Phyu, Rakhine State. 2. Natural gas resources for the projects shall be “SHWE” offshore […]

Myanmar to investors: more reform ahead

Kan Zaw, Myanmar’s minister of national planning and economic development, said last week that the government’s medium- and long-term reforms would ensure the creation of an investment-friendly climate and keep up with Asean and international norms and standards. Virasak Sutanthavibul, senior executive vice president of Bangkok Bank, said the Myanmar government should consider liberalising the […]

Kyauk Phyu SEZ: Invitation to submit Expression of Interest from Consulting Firms by 24th Sep 2013

Subscribe to our tender alert mailing list The government of the Republic of the Union of Myanmar Kyauk Phyu Special Economic Zone Bid Evaluation And Awarding Committee (BEAC) Invitation to submit expression of interest from consulting firms The Government of the Republic of the Union of Myanmar has been identifying the economic potentials to contribute […]