Public-Private Partnership

Govt to hold tender for construction of Muse airport this year

April 24, 2019 by Thiha

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. […]

Filed Under: Tenders & Awards Tagged With: construction, Muse airport, Myanmar-China border, Public-Private Partnership, tender, tourism industries, Trade

Myanmar’s Yangon International Airport reveals growth plans

November 29, 2018 by Thiha

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 […]

Filed Under: Latest News Tagged With: Air Traffic Control, airport, Airport Operations Control Center, Asian, community, Department of Civil Aviation, European, Fire-Rescue Station, infrastructure, innovation, International, International Airports, Ministry of Transport and Communications, Myanmar, Myanmar Government, North American, passenger, Public-Private Partnership, Safety, Security, tourism industry, tourist, traffic, Xiamen, YACL, Yangon Aerodrome Company Limited, Yangon International Airport, YIA

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

November 16, 2018 by Thiha

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 […]

Filed Under: Latest News Tagged With: Air Traffic Control, Aircraft, Asian, Department of Civil Aviation, domestic Myanmar, European, F&B, Fukuoka, infrastructure, international airport, Ministry of Transport and Communications, Mumbai, Myanmar, North American, Phuket, Public-Private Partnership, Security, Sichuan Airline, tourism industry, tourist, Xiamen, Yangon Aerodrome Company Limited, Yangon International Airport, YIA

Myanmar welcomes more investment from Hong Kong

October 30, 2018 by Thiha

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 […]

Filed Under: Latest News Tagged With: Asia, Belt and Road Initiative, China-Myanmar, Hong Kong, international legal, MIL, Myanmar Companies Law, Myanmar investment commission, Myanmar Investment Law, Myanmar Investment Promotion, Public-Private Partnership, World Bank, Yangon

Myanmar to hold investment fairs to spur development

October 12, 2018 by Thiha

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 […]

Filed Under: Latest News Tagged With: Article of Association, Australia, Britain, Business Forum, China, DICA, Directorate of Investment and Company Administration, education, Electricity and Energy, FDI, five foreign direct investment projects, Foodstuff, foreign investors, garment, healthcare, India, Japan, land, local business community, mandalay, Mandalay Region Investment Committee, manufacturing, Memorandum of Association, Myanmar Investment Committee, national park, Nay Pyi Taw, new business law and regulations, New Mandalay Resort City project, Public-Private Partnership, singapore, South Korea, Thailand, tourism, UMFCCI, Union of Myanmar Federation of Chambers of Commerce and Industry, United States, US Dollars

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

October 12, 2018 by Thiha

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 […]

Filed Under: Latest News Tagged With: B4 Design & Engineering, business plan, LOGISTICS, Myanmar investment commission, Ngwe Pin Lel, public money, Public-Private Partnership, PwC, Rajah & Tann, Spiral Architects & Planners, Water Transport Jetty, Yangon Metropolitan Development

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 10, 2018 by Thiha

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 […]

Filed Under: Tenders & Awards Tagged With: construction, Department of Highway, DEPARTMENT OF HIGHWAYS, Deputy Director General, design, DOH, engineering, Finance Department, financing, Head Office, maintenance, Mingalardon Industrial Park, MInistry of Construction, MOC, Myanma Economic Bank, Nay Pyi Taw, Naypyitaw, Naypyitaw Branch, non-refundable fee, Operation, PIM, PPP, Preliminary Information Memorandum, Public-Private Partnership, Request for Qualifications, rfq, U Kyi Zaw Myint, United States Dollars, Yangon International Airport, Yangon Regional Government, Yangon-Mandalay Expressway

Myanmar launches new companies law to adapt to current age

August 3, 2018 by Thiha

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 […]

Filed Under: Latest News Tagged With: authorized capital, chairman, China, Companies Act-1914, company's registration process, entrepreneurs, export, FDI, financial reports, foreign capital flow, Foreign Direct Investment, foreign investment, foreign investors, import, insurance, Local Businessmen, Master Plan, Minister, Myanmar Companies Online system, MyCO, new Companies Law, new urban development projects, Public-Private Partnership, singapore, single director, single shareholder, Statistics, Stock Market, Thailand, U Thaung Tun, U.S. dollars

Plenty of political will but no cash for New Yangon project

July 23, 2018 by Thiha

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 […]

Filed Under: Latest News Tagged With: CCCC, China Communications Construction Co., conglomerate Serge Pun & Associates, democracy, government-backed finance, Kyimyindaing township, Myanmar, National League, New Yangon Development Co., NYDC, Phyo Min Thein, private-sector investors, Public-Private Partnership, Serge Pun, Swiss Challenge, urban development project, Yangon Chief Minister, Yangon River

Massive Yangon City Expansion Renders Naypyitaw Pointless

June 28, 2018 by Thiha

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 […]

Filed Under: Latest News Tagged With: business capital, Business Tycoon, construction costs, custom-built capital, fresh water supply, hotels, housing development projects, Local and foreign investment, Mega City, National League for Democracy, Naypyitaw, New Yangon City Development Company, NYCDC, Public-Private Partnership, Serge Pun, Singapore Foreign Minister George Yeo, Transport, transportation project, Urban Planners, Waste Water Treatment Plants, western bank, Yangon, Yangon Region Investment Committee, Yangon River