Ministry issues notice to proceed for Deedoke hydro project

The Ministry of Electricity and Energy has issued a notice to proceed to the developers of the 60-megawatt Deedoke hydropower project in Mandalay Region. Ministry officials signed the notice with the developers – Andritz of Austria, Kansai of Japan and High Tech Construction Trust, which is a subsidiary of Myanmar’s Shwe Taung Group – at […]

China set to build Rakhine port

Myanmar says it is eager to begin work on a Chinese-backed port and industrial park project in the Rakhine State town of Kyaukpyu with a decision is expected soon. National security adviser Thaung Tun denied the country was in a “debt trap” with Beijing, calling it a “win-win” deal. “We would like to see this […]

China wants to restart disputed Myitsone dam in Myanmar

Stalled hydroelectric project may be used as leverage for concessions on strategically significant deep-sea port at Kyaukphyu on the Bay of Bengal If a recent article in the Global Times, a semi-official Chinese publication, is anything to go by, China has not given up hope of restarting its hydroelectric power project at Myitsone in northern […]

Engage to overcome Myanmar bias against Chinese investments

There is an “implicit bias against Chinese investments” in Myanmar, a report from the International Growth Centre argued, attributing the prejudice to the legacy of earlier Chinese projects in the country, including Myitsone Dam and Letpadaung Copper Mine. The way for Chinese firms to repair the tainted brand is to directly engage the affected communities […]

Myanmar power plans could spare the Salween

Myanmar and Thailand have announced plans for major gas power projects, as well as greater moves to adopt renewable energy sources. The news will cheer conservationists battling to prevent large dams being built on major rivers in the north of Myanmar. Myanmar’s Aung San Suu Kyi-led government aims to tackle the country’s chronic power shortage […]

Myanmar eyes China’s trade plan for much-needed infrastructure, as crisis in Rakhine goes on

Minister for Construction U Win Khaing told the Asean and Asia Forum in Singapore on Thursday that his country needed to improve its infrastructure quickly to cope with the mass internal migration to its cities. The government had been in contact with various potential partners, including China and Japan, promoting Myanmar as a hub to […]

Beyond China: Nation must diversify FDI

While for a long time the world has been focussed on political reforms in Myanmar during its transition from military rule to a democracy, the country has also witnessed a significant economic transformation. The most obvious sign of this is the sudden jump in foreign direct investment (FDI), from US$4 billion (K5.46 trillion) in 2013-14 […]

Kayin state struggles expose Myanmar’s energy dilemma

Myanmar’s renewed interest in coal carries broader risks for the administration. But although a more forward-thinking approach towards greener energy is desirable, renewables come with their own problems. Local and national opposition to a proposed coal plant in Kayin state, eastern Myanmar, has exposed Myanmar’s energy security dilemma. Activists argue the project will have a range of […]

Myanmar moves forward

The government of Myanmar is about to take dramatic steps to spur economic development and improve government efficiency. Several significant cabinet changes are in the pipeline, detailed economic strategies are being finalised and a shake-up in the bureaucracy is already under way. These planned changes in ministerial personnel are aimed at strengthening the government’s leadership […]

The construction of BCIM Economic Corridor vs. Myanmar

The BCIM Economic Corridor is the economic link connecting the Ganges River of India, the Ayerwaddy River of Myanmar, and the Mekong River of Indo-China. It is the lead bridge connecting the Pacific Ocean and the Indian Ocean. It is a market focus point for China, South and South East Asia. Therefore, building of the […]