Myanmar is new frontier for Japanese condo developer

YANGON — Japanese housing developer Tama Home will establish a condominium joint venture in Myanmar in a bid to attract rising ranks of higher-income buyers. Tama Home and local partner Kakehashi Real Estate Group will set up the new company, which will serve as the lead contractor on projects. Construction has started on a 541-sq.-meter […]

Regional investment commission approves first Kachin project

The Kachin State Investment Commission has approved one investment involving K1,688 million since its office was opened last July. The commission is currently examining two investment applications, U Tun Kyaw Kyaw, deputy director from at the Directorate of Investment and Company Administration (DICA), explained. The approved investment is in the agriculture sector and relates to […]

German ambassador lauds vocational training centre

The German ambassador spoke of the value of vocational training at the inauguration ceremony of the No. 1 Industrial Training Center (Sinde) held in Pyay on February 8. The project is co-funded by the German government and the Myanmar government. Mrs. Dorothee Jantzke-Wenzel, German Ambassador to Myanmar, had the following to say at the event: […]

Mandalay approves investments exceeding K1.4 billion

The Mandalay Region Investment Committee has approved over K1.4 billion in investments since the Myanmar Investment Law was approved in October 2016, U Thike Htoon, assistant director at the Directorate of Investment and Company Administration (DICA), said on Monday. The investments were approved for the first time after the Myanmar Investment Commission (MIC) established Region […]

Department of Civil Aviation: Invitation to Expression of Interest (EOI) for Muse Airfield. Closing Date : 15 Dec 2017

The Department of Civil Aviation, Ministry of Transport and Communications, invites the interested local companies with foreign firms forming the consortium to submit Expression of Interest (EOI) for the Muse Airfield which will be implemented by PPP scheme for the construction, financing and operations of the airport. The EOI document in the English language may […]

60 pc of investments in Thilawa SEZ target local market

There are 85 local and foreign investments in Thilawa Special Economic Zone Project, with most of them targetting the local market. Sixty per cent (51 businesses) of the total investments target the local market, 29 per cent (25 businesses) traget the export market, and nine per cent service the distribution sector, according to Thilawa SEZ […]

Myanmar’s FDI on target despite Rakhine situation

NAYPYITAW — In a bright, well-carpeted conference hall in Naypyitaw — Myanmar’s sprawling capital built by the former military government — more than 1,000 investors and business executives gathered earlier this week for the annual Euromoney Myanmar Global Investment Forum. The opening remarks on Sept. 12 by speakers including government officials and foreign and local […]

Taxi service firms compete hard for Yangon’s customers

An aspect of Yangon’s modernisation is the entry and emergence of domestic and international transport operators, namely, Uber, Grab, Oway Ride and Hello Cab, to compete in the taxi service sector. Taxis are one of the commonly used modes of transport in the region, alongside commuter trains and public buses. But taxi service in the […]

Invitation for Open Tender to Implement Fair Price Housing Plan within Yangon City Development Area; Closing Date: June 30th, 2015

Subscribe to our tender alert mailing list 1. Local Companies, Foreign Companies and Local & Foreign Joint Ventures are invited to submit tender to implement Fair Price Housing Plan on the following place within Yangon City Development Area, the Republic of the Union of Myanmar: Land area about 11.00 acre, Min Ye Kyaw Zwar St., […]

Invitation to open tender for 85 acres Danyinkone Wholesale Market to construct in Insein Township; Closing Date: January 1, 2015

Subscribe to our tender alert mailing list Danyinkone Wholesale Market for flowers, fruits and vegetables to construct in Insein Township Invitation to open tender 1. The Yangon Regional Government invites open tender to local* companies interested to construct international Danyinkone Wholesale Market for flowers, fruits and vegetables in Danyinkone, Insein Township. 2. The Yangon Regional […]