Asia World Co. urges the Government to take back the Nay Pyi Taw Air Port

The Asia World Company, the contractor for the Nay Pyi Taw International Airport, has urged the government to scrap this project which they said will not be profitable because very few airlines fly to this administrative capital. The Airport is being financed by the loan from China’s Import and Export Bank and the Myanmar Government […]

Myanmar’s Myitsone dam project faces uncertain future

The controversial Myitsone dam project in Myanmar’s Kachin state has been suspended for over two years now and stop-work costs, amounting to millions of US dollars, are mounting MYITSONE, Kachin: The controversial Myitsone dam project in Myanmar’s Kachin state has been suspended for over two years now and stop-work costs, amounting to millions of US […]