ANGON, 8 March 2016: A new international terminal at Yangon airport is scheduled to open this week to relieve passenger congestion at the country’s main international gateway. Myanmar Times said the terminal should open 12 March according to Asia World Group, whose subsidiary Pioneer Aerodrome Services is the building contractor. The USD660 million, three-storey building will […]

WTO slams inefficient state-run firms

The losses of state-owned businesses amount to 5 per cent of the country’s gross domestic product as they spend 75 per cent of the government’s budget, according to the World Trade Organisation (WTO). The WTO held a workshop on its first trade policy review in Kandawgyi Palace Hotel in Yangon on January 23. It is […]

Ministry of Construction to invite open tender for upgrade of Yangon-Mandalay Expressway; January 31, 2015

Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens. Ministry of Construction Public Works (Invitation of Proposal for Yangon-Mandalay Expressway under BOT Scheme) 1. Proposal for operating and upgrading the relevant sections of Yangon-Mandalay Expressway (366 miles 3 furlongs long) to the international and local Companies either […]

Tourists to top 3 million by end of 2014

Tourist arrivals in Myanmar are certain to exceed the expected number of over 3 million with over 100,000 more arrivals in the first week of December alone, according to a press release by the Ministry of Hotels and Tourism on December 17. A total of 2.7 million tourists visited the country from January to the […]

Investors waiting to bid as Kyaukphyu SEZ masterplan gets underway

Would be investors in the Kyaukpyu Special Economic Zone in Rakhine State are awaiting invitations to tender, but no date has yet been set for the issuance of invitations as experts work on a master plan for the zone. A consortium of consulting firms selected to develop the master plan and manage the tender process […]