Companies eye Marnaung Island as new tourism hot spot

The Rakhine State government, Marnaung Public Co and FMI Public Co have submitted a proposal to set up a tourism project on Marnaung Island in Rakhine State to the Myanmar Investment Commission (MIC), Hotels and Toursim Minister Ohn Maung. The minister relayed the information in response to a question from Lower House MP Tin Nu […]

Tenders to be invited for sub-Ks100 million projects in Rakhine

Subscribe to our tender alert mailing list Rakhine State government has announced yesterday that it will invite tenders for projects with investments of not more than Ks100 million. The announcement came at the coordination meeting on inviting tenders for the projects for the 2016-2017 financial year. “We envision development and security in Rakhine State with […]

Sea-Water Dikes Essential For Agriculture in Coastal Areas on Rakhine State

Rakhine State Irrigation and Water Resources Management Department is planning to start maintenance work on Chanpyintar Sea-water Dike at the border of Myanmar and Bangladesh as soon as security in Rakhine State improves. “We will start maintenance tasks on Chanpyintar Sea-water Dike as soon as possible as we have been permitted to do so by […]

MIC Gives Amazing Holidays go Ahead to Build Golf Course, Hotels in Thandwe

Amazing Holidays Hotel and Resorts Co Ltd has won the contract to kick off a construction project on a 100-plus acre plot in Thandwe Township, a statement from the Myanmar Investment Corporation (MIC) said. The land comes under the jurisdiction of the Rakhine State government. In a meeting on Friday, MIC decided to grant permission to […]

South Korean Firm Proposes Sittwe Development Plan

A South Korean company has proposed an investment plan for the urban development of Rakhine state’s capital Sittwe, said U Hla Thein, chair of the public relations subcommittee of the state government. Property firm BXT Construction and Development has proposed a plan to develop the urban area, which will include residential spaces, a supermarket, a […]