Myanmar’s first dry port opens for business

KM Terminal & Logistics Ltd (KM) and Resource Group (RG) officially opened two separate dry port projects in Ywar Thar Gyi, Yangon yesterday. A dry port is an inland intermodal terminal directly connected by road or rail. Freight trains will run from Ywar Thargyi to a second dry port in Myit Nge, Mandalay, which KM […]

Logistics zone, transport jetty to be built under public-private partnership

The Yangon Regional Gvernment is going to develop the Ngwe Pin Lel Integrated Logistics Zone and Inland Water Transport Jetty under a public-private-partnership (PPP) agreement, U Myint Thaung, the regional minister of planning and finance for Yangon Regional Government, said. The matter came up when regional representative Daw Sandar Min questioned U Myint Thaung about […]

Manufacturing key to Myanmar’s growth

Myanmar has been transitioning to a more open and market-oriented economy over the past few years. While progress has been made throughout the economy, manufacturing has witnessed rapid expansion, accounting for 15 percent of GDP in 2007 but growing to 24pc in 2017. Garment manufacturing, in particular, has grown rapidly, with exports expected to surpass […]

KoneSi looks to lift Myanmar’s logistic sector

RETAILERS will no longer need to bother about logistics and fleet operators or worry about empty runs in Myanmar thanks to an innovative technical solution launched earlier this year, according to Soe Pyae Aung, co-founder and chief operating officer of KoneSi Freight Co. “Logistics costs in Myanmar are among the highest in South-East Asia, accounting […]

Krispy Kreme enters Yangon, heating up competition

For generations, Krispy Kreme has been serving doughnuts and coffee in America. Now the chain has decided to enter Myanmar, setting up its first store in Yangon on September 16. The North Carolina-headquartered firm with roots in the United States has been in operation since 1937. U Thu Rein Lin, Krispy Kreme Myanmar CEO, highlighted […]

Myanma Awba opens new agrochemical production complex in Yangon

Myanma Awba Group, Myanmar’s largest manufacturer and distributor of agricultural technology, launched Myanmar’s first private agrochemical production complex in Yangon Region on August 19. The US$35 million Hmawbi Agricultural Input Complex (HAIC) is located near Wa Nat Kyaung Village in Hmawbi Township, occupying 126 acres of land. Myanma Awba is providing up to $25 million […]

Local company to invest in tourism, logistics in Kayah State’s Hoyar area

A local company has submitted a proposal to the state government to provide tourism and logistic services in Hoyar area after the Kayah State Investment Forum was held, according to the Kayah State Minister of Natural Resources and Environment U T Yal. Sut Pai Company and government departments are conducting field surveys in the proposed […]

Yangon government plans to buy, store fuel in attempt to control prices

As domestic fuel prices are expected to rise faster than global prices, the government will hedge against price volatility by buying and storing petrol onshore as demand rises during the coming fiscal year, said Yangon Chief Minister U Phyo Min Thein. Fuel, gasoline and diesel are vital for facilitating the flow of trade in Myanmar. […]

Manufacturing sector absorbed more foreign investments in Thilawa SEZ

Foreign direct investments in Thilawa SEZ primarily flowed into manufacturing sectors which accounts for 73 per cent of total FDI in the zone. At present, FDI in Thilawa SEZ reached more than US$1.14 billion so far. Manufacturing sector in Thilawa SEZ absorbed investments of about US$843 million in 62 enterprises. Trading sector attracted investments of […]

Department of Livestock Veterinary and Breeding Department IFAD Grant ‘Developing scalable smallholder Livestock models in Myanmar. Closing Date 8 Sep 2017

Subscribe to our tender alert mailing list Endline Assessment Consultancy The Department of Livestock Veterinary and Breeding (LBVD) invites expressions of interest from qualified and experienced Myanmar consultancy agencies for the above mentioned consultancy. This is an opportunity for an experienced consultancy agency to conduct an endline assessment of a smallholder development pig enterprise pilot […]