Yangon to Mandalay Railway Back on Track

The railway linking Yangon to Manda­lay has been slat­ed to receive a series of large-scale, overdue reno­vations. With a loan from the Japan International Co­operation Agency (JICA), the 385 mile stretch of rail will be revamped to meet international standards and halve transportation times. U Myo Win, General Manager of Myanma Rail­ways, told the Myanmar […]

Signing of Japanese ODA Loan Agreement with Myanmar: Rehabilitating deteriorating hydropower plants to provide a stable supply of power to Myanmar’s two most populous regions

On April 25, the Japan International Cooperation Agency (JICA) signed a loan agreement (L/A) with the Government of the Republic of the Union of Myanmar in Nay Pyi Taw, the capital city, to provide a Japanese ODA loan of up to 10.787 billion yen for the Hydropower Plants Rehabilitation Project. The objective of the project […]

Extension of Invitation for Bids for Rolling Stock for Yangon-Mandalay Railway. Closing Date 25 April 2017

Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens. Date 6th March,2017 Loan Agreement No:MY-P4 dated 5th September,2014 1.The Government of Republic of the Union of Myanmar has received loan from Japan International Cooperation Agency(JICA) towards the cost of the Yangon- Mandalay Railway Improvement Project Phase L.It […]

Digital tech slowly seeping into Myanmar, but still a long way to go

Myanmar is trying to learn the ropes of recent advances in digitization that ease the often frustrating burden of manual, paper-based administrative and business procedures. The country’s first digital customs management system, the Myanmar Automated Cargo Clearance System, was launched on Nov. 15 at the customs offices near the Port of Yangon, the largest trading […]

Real Estate Market Revives Over New Bago Airport Project

Real estate market has revived in Bago region as a new international airport project was to be signed, according to an official report. The Bago real estate market went cold during 2015 but the prospective signing of an agreement between the government and the airport contractors has caused the price of land in the region […]

Funds cleared for Yangon’s new airport

YANGON, 4 February 2016: A framework agreement to facilitate Official Development Aid (ODA) loans for the construction of Hanthawaddy Airport Development was signed late last week. Official media, Global New Light of Myanmar, quoted Transport and Rail Transportation Minister, U Nyan Tun Aung, saying that following a series of meetings between Department of Civil Aviation […]

Mitsubishi, Hitachi to invest $20m in domestic train network

Riding on Myanmar’s antiquated railway network is not an experience for the impatient or infirm. American travel writer Paul Theroux, in The Great Railway Bazaar, quotes a policeman on the Yangon-Mandalay line as it breaks down for the fourth time. “It is a slow train,” he says. “Dirty and old – old coaches, old engines.” […]

The Long Road To Investing in Myanmar

A seminar in Bangkok has been told that while there are opportunities in Myanmar for foreign investors the country lacks the human resources to enable rapid growth, while many of the opportunities that exist are in industries which have profound levels of corruption. The packed to capacity presentation, Myanmar at the Crossroads, part of the […]

JICA to provide funding for 168-MW Baluchaung 2 hydropower plant upgrades

The Japan International Cooperation Agency has agreed to provide US$67 million to Myanmar’s Electric Power Corporation to help replace machinery at Myanmar’s 168-MW Baluchaung 2 hydropower plant. The plant and an identical sister plant, both located long the Balu River in central Myanmar, were constructed by Japan following World War II as part of a […]

Myanma Electric Power Enterprise to invite tender for Construction of Gas Pipeline in Thilawa; Closing Date: August 21, 2014

Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens. TENDER NOTICE Date: July 17 – 23, 2014 Loan Agreement No: MY-P3 on June 7, 2013 1 . Myanma Electric Power Enterprise (MEPE) of Ministry of Electric Power (MOEP) invites sealed Bid for Construction of Gas Pipeline in […]