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Myanmar, S.Korean company launch solar power plant in Rakhine state

A stake driving ceremony has been held in Manaung township, Myanmar’s Rakhine stake to build a solar power plant which can supply 24-hour electricity to more than 1,000 households, Myanmar News Agency reported Sunday. The first-phase project was launched on Saturday by the Ministry of Electricity and Energy, Rakhine state government and the POSCO Daewoo […]

Chinese firm finalises new Yangon city proposal

The government body in charge of developing an ambitious new Yangon city project has reached the final stage in negotiations with China Communications Construction Company (CCCC) in preparing pre-project documents (PPD). Launched by the regional government in March via a 100pc government-owned New Yangon Development Co (NYDC), the new city project covers an area twice […]

Kayin residents want monitoring of cement factories’ operations

Residents living near two cement factories in Hpa-an Township in Kayin State have called on the government to ensure transparency in the operation of the plants in order to protect their health amid reports they are already using coal for power. Some 2955 residents near the factory in Myaingkalay Village, said they are worried about […]

Bridging the Energy Gap: Demand Scenarios for Mini-Grids in Myanmar – a research sponsored by PACT

Myanmar’s future growth and prosperity depends on reliable, affordable and high-quality access to electricity throughout the country. More than two-thirds of the country’s 55 million people lack access to reliable electricity, many of them live in rural villages. Currently, more than 30,000 rural villages across Myanmar are not connected to the national grid. Even if […]

Gas-fired plant in Kyaukse to be built

A 145-megawatts natural gas-fired power plant will be built in Kyaukse of Mandalay Region, according to the Ministry of Electricity and Energy. The gas-fired power plant will be implemented within Baelin 230 kV substation by Powergen Kyaukse Company Limited. 18MW gas engines for the power plant, purchased from Wartsila Company, arrived to Ahlone international port […]

Myanma Awba opens new agrochemical production complex in Yangon

Myanma Awba Group, Myanmar’s largest manufacturer and distributor of agricultural technology, launched Myanmar’s first private agrochemical production complex in Yangon Region on August 19. The US$35 million Hmawbi Agricultural Input Complex (HAIC) is located near Wa Nat Kyaung Village in Hmawbi Township, occupying 126 acres of land. Myanma Awba is providing up to $25 million […]

Myanmar stresses importance of rule of law for national development

YANGON, March 12 (Xinhua) — Myanmar State Counselor Aung San Suu Kyi has stressed the importance of rule of law and its effect on national development, calling for enforcing rule of law to achieve peace for development. Addressing the Conference on Justice Sector Coordinating for Rule of Law in the capital of Nay Pyi Taw, […]

Nagaland Declaration’ released at NE Connectivity Summit

DIMAPUR, Sept 24 – Following wide-ranging discussions during the two-day 4th North East Connectivity Summit in Kohima, Deputy Secretary General, FICCI, Arun Chawla released the ‘Nagaland Declaration’ for connectivity-led development of the North East region.As per the declaration, the Summit, which concluded last night, felt the need to create a North East Implementation Agency to […]

More FDI essential for substantial increase in garment exports

The study called for an expansion of training in the garments sector to tackle shortages of high-level skill as well as complementary reforms in finance and trade policy. The briefing paper Foreign direct investment and economic transformation in Myanmar, written by Stephen Gelb, was published in June 2017 by Supporting Economic Transformation (SET). Funded by […]

As the World Moves to Renewable Energy, Myanmar Will Follow

YANGON — The government has been pushing plans for coal-fired power plants to address Myanmar’s great need for electricity. Renewable energy expert Hans-Josef Fell talks about how Myanmar can develop its energy plan. Fell is a former parliamentarian in Germany and the current president of the Berlin-based Energy Watch Group. The Myanmar government has been […]