Yangon Elevated Expressway, phase one to cost $800 million

Phase one of the Yangon Elevated Expressway Project, which includes construction of the Yangon Elevated Expressway and the Yangon Circular Expressway, will cost around $800 million, according to U Han Zaw, union minister for the Ministry of Construction. “The project is part of a Public Private Partnership (PPP) system with the Yangon region, and will […]

Increase in foreign investments depends much on power availability and quality: Union Minister

<a href=”https://youtu.be/pCvYiQYDHcE” target=”_blank”><img src=”https://consult-myanmar.com/wp-content/uploads/2013/10/doingbusinessinmyanmar-thumbnail2.jpg” width=”600″ height=”250″ /> </a> Union Minister for Electricity and Energy U Win Khaing called for collective efforts as the increase in the flow of foreign investments depends much on the availability and quality of electricity supply, during his inspection of power distribution Electricity facilities in Nay Pyi Taw Council Area yesterday. […]

A Glass bridge and resort to be built near Gokteik Viaduct

The beauty of nature exists in every state and region of Myanmar. Besides, Myanmar also possess historical heritage which adds more value to the beauty of the respective places. Money investment, international standard techniques, imagination also shape the places more fascinating. Now, a resort with Myanmar’s first glass bridge is going to be built near […]

Myanmar expect more US investments in telecommunications

The United States may increase its investments in energy, telecommunications, tourism, and natural gas production sectors following a discussion to cooperate in Myanmar beyond the COVID-19 pandemic, said U Maung Maung Lay, chair of the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI). The development comes after a delegation led by Mr […]

Hong Kong investors eye new opportunities in Myanmar

Hong Kong business and those already present in Myanmar expressed a keen interest in Myanmar’s significant investment potential including areas as diverse as energy, transport, banking and finance, retail and services during a recent webinar organized by the Myanmar-Hong Kong Chamber of Commerce and Industry. As a guest of honour delivering a keynote address, U […]

Tech to transform the Myanmar real estate market

Whist it remains difficult to make purchases directly with companies and salespeople during the COVID-19 lockdowns, those who can adopt and utilise mobile technology will thrive – not just now, but in the long term. This is also the view of Myanmar realtors, as they face one of the most challenging markets in recent history. […]

UK-based CDC Group appoints Myanmar country representative

UK’s development finance institution CDC Group, an investor in a number of Myanmar businesses, has appointed Myo Zin as its new country representative in the Southeast Asian nation. Based in Yangon, Myo will work closely with CDC’s teams in the London and India office and will play an instrumental role in expanding CDC’s footprint across […]

Stronger kyat threatens exports, but presents import opportunities

Myanmar’s exports have come under pressure as a result of the weakening US dollar, which has made key exports such as rice more expensive in overseas markets, said U Soe Tun, a committee member of the Myanmar Rice Federation. While the weaker exchange rate has made prices more attractive to local farmers, falling demand from […]

Indian investors interested in Myanmar opportunities, but more govt support needed

Despite travel restrictions and other setbacks as a result of COVID-19, investors from India have shown a great interest in expanding into Myanmar and some have even proposed novel ideas on boosting business and trade between the two countries, said Sunil Seth, President of the India-Myanmar Chamber of Commerce (IMCC). Since international flights to and […]

DaNa Facility launches report on small businesses in Kachin State

UK aid-funded DaNa Facility and Dutch development organisation Cordaid has launched their groundbreaking study on small businesses in Kachin State with the aim of unlocking opportunities for these businesses to grow. The report “The Ecosystem for Small and Medium-Sized Enterprises in Kachin State” was launched this week in Myitkyina Palm Spring Resort, which was attended […]