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Sittwe & Paletwa Inland Waterway Tender. Closing Date 10 June 2019

For Appointment of Port Operator/Contractor for Management, Operation & Maintenance of Myanmar Port & IWT Terminal at Sittwe and IWT Terminal at Paletwa under Kaladan Multi-Modal Transit Transport Project Tender No: IWAI / KPMU / 45/2019 (Notice Inviting E-Tender) Inland Waterways Authority of India (IWAI) ,on behalf of Ministry of External Affairs (MEA), invites ONLINE […]

Better oil and gas deals needed in the future, say experts

Efforts must be taken to lessen Myanma Oil and Gas Enterprise’s (MOGE) tax burden from contracts signed with joint-venture firms to work offshore oil and gas fields, a report states. According to the “State-Owned Economic Enterprise Reform in Myanmar: The Case of Natural Resource Enterprises” report by the Natural Resource Governance Institute (NRGI) and Renaissance […]

130 MW solar project announced in Myanmar

Thailand-based Modern Energy Management (MEM) says it has teamed up with an undisclosed investor to develop a 130 MWp solar PV project in Myanmar. It is expected to come online in Q4 2019. Overall, the country is said to have a large-scale solar pipeline totaling 1.5 GW. The renewable energy advisory firm will reportedly help […]

Education Ministry Suspends Construction of 6,000 New Schools

NAYPYITAW — The Education Ministry has suspended its project to construct about 6,000 educational facilities including basic education schools across the country due to budget constraints. The government had already granted a budget for the project but since new President U Win Myint increased the pay for civil servants in April, the Education Ministry no […]

Mon State Revenue Collection Declines in 2017

​​ Revenue collection for 2017 in the Mon State dropped by K272.64 million compared to the previous year, said an official from Mon State Internal Revenue Department. This year, Mon State collected nearly K5.29 billion down from the K5.57 billion collected last year, said U Myo Ko, assistant general director of the Mon State Internal Revenue […]

Mawlamyine plant may not have proper power plant permission

Myanmar: A controversial 0.5Mt/yr cement plant in Mon State’s Kyaikmayaw Township has apparently not sought permission from the Ministry of Electricity and Energy in order to generate power, according to the ministry itself. This has rekindled demands from local residents that the plant cease production. The US$400m plant, run by Mawlamyine Cement Limited (MCL), is […]

Soilbuild Construction secures US$9.4m contract in Myanmar

SOILBUILD Construction Group announced on Tuesday that it has attained a design and build contract worth about US$9.4 million to carry out addition and alteration works at St John Shopping Center in Yangon, Myanmar. The project was awarded by a joint venture between two companies in Myanmar which have activities in retail and real estate […]

Japan’s participation in Thai-Myanmar Dawei economic zone to boost confidence in project

The official participation of Japan in a special economic zone in southeastern Myanmar initiated by Myanmar and Thailand will bring confidence and attract investors to the project, the Thai delegation said Monday after a trilateral meeting here. Thai Transport Minister Arkom Termpittayapaisith told a press conference that following Japan’s decision earlier this year to participate […]

Second economic zone planned for 2016

A second central economic zone project (the Mindhamma project) will be implemented in Yangon in 2016, according to Yangon City Development Committee. Experts pointed out that the central economic zone should be separated from the city due to the population density and traffic jams in Yangon. The project will be built on a 37-acre site […]

Sembcorp Industries signs S$420 million accord to develop Myanmar’s biggest power plant

Subscribe to our tender alert mailing list SINGAPORE – Sembcorp Industries has announced a memorandum of understanding with the Myanmar government to invest in and develop the country’s largest gas-fired power plant to help address a power shortage. The company said it wholly-owned subsidiary, Sembcorp Utilities, on Monday (Dec 7) signed the MOU with Myanmar’s […]