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Myanmar appoints ex-world bank economist deputy minister

The Myanmar President’s Office on Thursday appointed former World Bank economist and poverty specialist Dr. Min Ye Paing Hein as deputy industry minister. Among his responsibilities will be promoting private investment in state-owned enterprises to make them commercially viable. Aged 41, the holder of a PhD from a US university will be the youngest minister […]

EOI Consulting Service for Rural Telecom Development. Deadline: 5th August 2019

Invitation for Expression of Interest Ministry of Transport and Communications (MoTC) now invites eligible consulting firm to indicate their interests to provide for the implementation in a number of areas to accelerate the development of rural telecommunications (voice and internet) infrastructure and services in locations that are unlikely to attract sufficient private investment in Myanmar. […]

Rangoon Govt Invites Private Investment in Public Bus Company

RANGOON — The Rangoon Division government on Monday launched an initiative to set up a US$25 million public bus service company that would improve major bus lines in Rangoon, Burma’s biggest city. On Tuesday, an official said they had already received pledges for more than half of $15 million in private funding shares required for […]

Yangon Power Board to Seek Private Sector Involvement from 2015

YANGON — The Yangon Electricity Supply Board (YESB) will begin to facilitate private investment from early next year, with a view to the possibility of an eventual complete privatization of the city’s electricity transmission. The YESB is currently deciding upon a model for private sector collaboration in discussion with experts and the Yangon Region government. […]