MTSH planning a mall for Thilawa SEZ

Myanmar Thilawa SEZ Holdings (MTSH), a Yangon Stock Exchange listed real estate developer with a focus on developing Special Economic Zones (SEZ), is planning to build a mall in the Thilawa SEZ south of Yangon. MTSH executive director U Thurane Aung declined to say how much the company would be investing as a board decision […]

China, Myanmar look into railway project linking Muse to Mandalay

China and Myanmar are looking into the feasibility of building a railway line from their border to the city of Mandalay, four years after a high-speed project was shelved. Two state-owned companies, China Railway Eryuan Engineering Group and Myanmar Railways, signed an agreement on Monday to begin the study on a proposed rail line from […]

Japanese firms to supply Myanmar with train cars

Japanese companies have secured a 64-million-dollar deal to provide new train cars for an ongoing railway project in Myanmar. Leading trading house Marubeni and train maker Niigata Transys have announced that they will supply Myanmar Railways with 24 train cars. Myanmar is having trouble with its aging railway systems, but the country’s economy is experiencing […]

Govt attempts to restart railway project through Mrauk-U

The government plans to restart a stalled railway project that will pass through Mrauk-U, an ancient city in northern Arakan State, although authorities and locals are unable to agree on where exactly the railway will traverse. The project, which started in 2009, will travel 154 kilometres between Sittwe and Mrauk-U, but has stalled because of […]