Korea Eximbank Finances US$183 Million Myanmar Construction Project

The Export-Import Bank of Korea (Korea Eximbank) announced on Nov. 17 that it will extend US$183 million (214.57 billion won) in Economic Development Cooperation Fund (ECDF) loans to the “Korea-Myanmar Friendship Bridge Project and Myanma Railways Modernization Project” led by the Myanmar government. The EDCF is a bilateral official development assistance (ODA) loan program, which […]

Singapore-Led Consortium CPG Wins Kyaukphyu SEZ Consulting Tender

Subscribe to our tender alert mailing list YANGON — The Myanmar government has chosen a group of companies led by Singapore’s CPG Corporation to do consultancy work for the massive Kyaukphyu Special Economic Zone project. During a press conference Monday, a consortium of five companies led by CPG was named as the winner of an […]

Huawei chosen as main supplier company for Myanmar mobile operators

Subscribe to our tender alert mailing list China communications giant Huawei Technologies has been chosen as a main technological supplier for three main mobile operators in Myanmar despite US warnings over cyber security. The three operators are the state-owned Myanmar Posts and Telecommunication (MPT), Yatanarpon Teleport (YTP) and recent private license winner Telenor from Norway. […]