A total of 53 local and international companies/ consortiums are interested in the 47.5-kilometre elevated ring road in Yangon, the Ministry of Construction announced on July 4. On May 18 last year, the Ministry of Construction (MOC) invited local and foreign investors to submit Expressions of Interest (EOI) for the construction of an elevated four-lane […]
Better PR, infrastructure needed to woo more Korean investors
June 28, 2018 by
Myanmar must be more proactive and enthusiastic across its attempts to attract foreign investors, such as visiting with the countries it plans to attract investments from. It should also better communicate developments that would be of interest to investors, such as recent directives on liberalising the education and retail sectors, Lee Hyuk, Secretary General of […]
Government must do a better job managing the impact of growth on Yangon
June 5, 2018 by
As Yangon’s status as business and logistics hub of Myanmar grows, the regional government, expecting an influx of people and foreign direct investments, has unveiled grand plans to modernise and expand the city. Yet, many of the projects announced have been criticised for being poorly executed and lacking in contingency planning. Despite being allocated the […]
Ministry of Construction commits to four mega projects in 2018
May 29, 2018 by
The Department of Urban and Housing Development under the Ministry of Construction yesterday announced its commitment to implementing four mega infrastructure projects in Mandalay and Yangon regions. In Mandalay, the MOC has shortlisted six companies, one of which will be selected as Master Developer of the New Mandalay Resort City, which will be developed in […]
Korea-Myanmar Industrial Complex to be in Hlegu
May 29, 2018 by
YANGON- US$ 110 million worth Korea-Myanmar Industrial Complex(KMIC) project will be implemented in Nyaungnapin, Hlegu Township, Yangon Region. The approximately 555 acres wide project will begin near Nyaungnapin village, western part of about 5-mile away from the Yangon-Mandalay Expressway and it is a joint venture between Civilian and Housing Development Department under the Ministry of […]
Government woos private sector in construction of Yangon elevated ring road
May 29, 2018 by
The Ministry of Construction (MOC) is inviting the private sector to submit Expressions of Interest (EOI) to participate in the construction of an elevated four-lane ring road in Yangon. The MOC on May 18 invited both local and international companies interested in designing, engineering, financing, constructing, operating and maintaining the proposed expressway under a Public […]
Expression of Interest for Yangon Expressway PPP Construction Project. Closing Date: 29 Jun 2018
May 22, 2018 by
The Republic of the Union of Myanmar Ministry of Construction Department of Highways Request for Expressions of Interest dated [18″‘ May, 2018] Yangon Expressway PPP Project The Ministry of Construction of the Union Government 01 Myanmar, coordinating with the Yangon Regional Government is planning to develop an elevated four-lane ring road expressway project in Yangon […]
Over the last year, Myanmar’s energy sector stumbles in right direction
May 19, 2018 by
Home to one of the world’s oldest oil and gas industries, oil exploration in Myanmar began in the early Bagan era. During the reign of King Anawrahta in the Bagan Era, evidence shows that the Buddha’s Three Teachings were coated with oil to prevent damage. With the nationalisation of the oil industry in 1963, the […]
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