SEZs offer lessons for manufacturing

SPECIAL Economic Zones (SEZs) in Myanmar are considered by the Ministry of Industry as the main pillar of economic development, according to the ministry’s spokesperson. The government aims to boost the growth of manufacturing sector by linking the SEZs and domestic industrial zones. U Ko Ko Lwin, permanent secretary of the Ministry of Industry, said […]

Myanmar renews SEZ push

Myanmar’s special economic zones (SEZs) are a central part of a revitalised economic strategy in which increased manufacturing activity will play a key role. And breathing renewed life and energy into stagnant or stalled SEZs has moved to the top of the government’s agenda. “SEZs promote the transfer of technology, encourage infrastructure development and attract […]

Expression of Interest for cooperation in Asbestos Cement Sheet Plant (Hmawbi). Closing Date 24 Oct 2017

Asbestos Cement Sheet Plant (Hmawbi) under supervision of No.2 Heavy Industrial Enterprise is intended to cooperate with Local and Foreign entrepreneurs. See Google Map Location here. Companies who interested in those cooperation are required to submit their EoI not later than 3:00 pm, on 24th October 2017 to Technology Development Department, No.2 Heavy Industrial Enterprise. […]

Parliamentary Committee to Examine 24 State-Owned Factories

NAYPYITAW — The Lower House Investment and Industrial Development Committee will consider the termination or privatization of 24 loss-making state-owned factories—including the Myingyan Steel Factory which has received significant state investment. Committee member U Aung Kyaw Kyaw Oo said: “A total of 24 factories are making a loss, most were suspended when parliament discussed the […]

Htaukkyant factory to assemble Daewoo buses

Mini-buses will be assembled by the Myanmar Trade Center Co., Ltd. at Htaukkyant factory in cooperation with Daewoo Bus Corporation, said Dr Kyaw Kyaw Aung, the managing director of Myanmar Trade Center Co., Ltd., according to a newspaper report in Myawady Daily. Myanmar Trade Center Co., Ltd. operates the Htaukkyant factory under a long-term lease […]

Myanmar’s First Private Pharmaceutical Factory Opens in Dagon Seikkan Township

Myanmar’s first privately owned pharmaceutical factory opened its doors in Dagon Seikkan Town­ship, Yangon on the third week of July. Located in Industrial Zone 1, Pacific Medi­cal Industries Limited’s (PMI) facility is a two-story building that in­cludes offices, a quality control area, and a mas­sive 16,630 square meter manufacturing floor. In an effort to relieve […]

Expression of Interest in No.27 Garment Factory (Yankin) Under No, (3), Heavy Industries Enterprise, Ministry of Industry Closing Date 31 August 2017

Subscribe to our tender alert mailing list No.(27) Garment Factory (Yankin)(to build a Myanmar International Business Center as an International Standard) under NO.(3) Heavy Industries Enterprise, Ministry of Industry is intended to cooperate with investors as Joint Venture on 2.205 Acres. The investors who interested in those cooperation are required to submit their Draft Proposal […]

Plans for new rubber plant discussed in Thaton Township

Ministry of Industry and Thaton Township officials discussed plans to build a new rubber manufacturing plant in the Mon State, according to a report Myawady Daily newspaper. The plan for the No. 21 Heavy Industry Tyre and Rubber Factory – including the need for agricultural land leases, new manufacturing methods to produce good quality rubber […]

Local Daewoo bus production for export

Myanmar Trade Center Co will roll out locally manufactured Daewoo minibuses from its Htauk Kyant factory in Yangon by the end of this year, said the firm’s executive director U Kyaw Kyaw Aung, in a bid to help improve transport efficiency and ease congestion. U Kyaw Kyaw Aung added by 2018 the company will be […]

KBank Broadens SME Support in Myanmar

KBank, which styles itself as a champion of small business, has been helping entrepreneurs in Myanmar over the past three years, with short training sessions focused on issues including knowledge transfer and raising awareness of business opportunities. Pattanapong Tansomboon, first senior vice president of K Bank, said in an interview that the bank was broadening […]