32 foreign investment proposals under scrutiny

The Myanmar Investment Commission (MIC) says it is scrutinising 32 foreign investment proposals worth US$1.5 billion and 20 domestic proposals worth Ks492 billion. Aung Naing Oo, the secretary of the MIC, said: “These proposals were made under the old investment law. According to the new law, the MIC has received 26 foreign investment proposals worth […]

Invitation for Bids to supply Steel Poles for Myanmar National Electrification Project. Closing Date 4 April 2017.

Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens. Date: 6th February, 2017 Specific Procurement Notice IDA Credit No. : 5727-MM Contract Title: Steel Poles for National Electrification Project Reference No. : C1-G3 1. The Ministry of Electricity and Energy has received financing from the World Bank […]

Nay Pyi Taw villages rewired in 100 days electrification plan

The government has arranged to connect 1150 households in Nay Pyi Taw’s Ottarathiri township to the national electricity grid as part of the new administration’s 100-day plans, according to U San Yu, deputy secretary of the Ministry of Electricity and Energy. The initiative is part of a broader effort to bring electricity to more than 15,000 […]

Local consortium to claim Myanmar’s fourth telco licence

Yatanarpon Teleport (YTP) is working with a management committee to form a consortium of local partners, which will bid jointly for Myanmar’s coveted fourth telecommunications operator licence, according to YTP chief executive officer U Shane Thu Aung. After years in which the telecommunications sector was dominated by state-owned monopoly Myanma Posts and Telecommunications (MPT), in […]

Myanmar Airways to sign with France’s ATR

The state-owned Myanmar Airways will sign an agreement with ATR Company from France to buy six new planes and open a repair station in Myanmar. “An MoU agreement was already signed on May 6 and the next stage is to sign an agreement at the Attorney General’s Office,” said Than Htun, managing director of Myanmar […]