fbpx

Govt to hold tender for construction of Muse airport this year

Plans are being drawn out for the construction of an airport in Muse, which is a major hub for trade at the Myanmar-China border. A tender will be held this year, said U Ye Htut Aung, deputy director general of the Department of Civil Aviation (DCA). “We have presented this project to the minister’s office. […]

Myanmar’s Yangon International Airport reveals growth plans

Myanmar’s Yangon International Airport is to be further upgraded to better equip it to accommodate more international traffic. Operator, Yangon Aerodrome Company Limited (YACL), has also revealed that it is stepping up its marketing efforts in a bid to develop its international route network. The announcements come despite the airport admitting that it is likely […]

Yangon Aerodrome Company announces new milestones and upgrades for Yangon International Airport

Yangon Aerodrome Company Limited (YACL) is increasing the capacity of Yangon International Airport (YIA), the gateway to Myanmar, and stepping up marketing to open new international routes, even as YIA is likely to close 2018 with the slowest growth in air passenger traffic in five years. At a media briefing today to announce the five […]

Myanmar welcomes more investment from Hong Kong

A Myanmar Investment Promotion seminar was held on October 16 at Island Shangri-La, Hong Kong. The seminar was attended by Mr. Edward Yau, Secretary for Commerce and Economic Development and Officials of Hong Kong SAR Government, Members of legislative council, Members of Hong Kong Development Council and Hong Kong Productivity council and representatives of over […]

Myanmar to hold investment fairs to spur development

Myanmar is making preparations to hold a business forum in Mandalay, the country’s second largest city in the north, on Nov. 9, aiming to promote trade and investment for the development of Mandalay region, according to the Directorate of Investment and Company Administration (DICA) Monday. Such a forum is partly aimed at driving development more […]

Logistics zone, transport jetty to be built under public-private partnership

The Yangon Regional Gvernment is going to develop the Ngwe Pin Lel Integrated Logistics Zone and Inland Water Transport Jetty under a public-private-partnership (PPP) agreement, U Myint Thaung, the regional minister of planning and finance for Yangon Regional Government, said. The matter came up when regional representative Daw Sandar Min questioned U Myint Thaung about […]

The Ministry of Construction, Department of Highways, Invitation to Pre-Qualify for the Yangon Elevated Expressway Public Private Partnership Project Phase 1 , Submission deadline: 30 October 2018.

September 7, 2018 Invitation to Pre-Qualify for the Yangon Elevated Expressway Public Private Partnership Project Phase 1 The Ministry of Construction (“MOC”) of the Union Government of Myanmar, coordinating with the Yangon Regional Government, is inviting interested parties to pre-qualify to undertake the design, engineering, financing, construction, operation and maintenance of the first phase of […]

Myanmar launches new companies law to adapt to current age

YANGON, Aug. 1 (Xinhua) — Myanmar has instituted a new companies law after amendment of its outdated Companies Act-1914 to adapt to the current age, registering an important milestone with its measures of promoting foreign investment. The new Myanmar Companies Law-2017 comes into effect from Wednesday, enabling a company’s registration process to be done electronically […]

Plenty of political will but no cash for New Yangon project

Large areas west of the Yangon River here look dark and depressed, at least from an airplane taking off or landing from the capital’s airport after sunset. In stark contrast to the city center, on the east side of the river, where high-rise commercial buildings and shiny condominiums are popping up, the opposite bank gives […]

Massive Yangon City Expansion Renders Naypyitaw Pointless

Myanmar’s business capital of Yangon will see a massive expansion to accommodate its growing population and make the city more business-friendly and livable, the regional government said. This will make custom-built capital Naypyitaw, located 367 kilometers in the north in the middle of nowhere, an even more pointless city, observers noted. The New Yangon City […]