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Invitation to Open Tender for Vessels construction, Myanmar Port Authority, Closing Date 5th Mar 2019

Myanma Port Authority is planning to construct the following two vessels by foreign currency, USD (United States Dollar) only within for the 2018-2019 and 2019-2020 fiscal years. Therefore, interested Tenderers are cordially invited to submit complete project proposal for the following project- Particular Currency Tender closing date and time 5000 BHP, 65T ASD Tug(2-units) USD […]

IFC Approves Support for Controversial Tycoon’s Mandalay Cement Project

The World Bank’s private sector lending arm the International Finance Corporation (IFC) has given the go ahead to support a multi-million dollar plan to expand a cement factory in Mandalay Region, operated by the Shwe Taung Conglomerate. The firm’s chairman, Aik Htun, had been alleged by US authorities to have had ties to the drug […]