Thai firm Double A wins tender for new paper plant in Myanmar

Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens. Double A, a Thai firm, announced yesterday that it has won a 30-year contract for an advanced paper plant in Thabaung, which is under the Ministry of Industry, for US$ 80.5 million (Ks 78.32 billion). The ministry had […]

Japan and China buy land plots under Myanmar citizens’ ownership

YANGON—Japan and China have been using Myanmar citizen ownership to close recent purchases of high-rent land plots in the Thilawa Special Economic Zone, real estate agency sources say. “Currently, Chinese are buying buildings in the Shwe Pyi Thar industrial zone, doing business with local businessmen as usual. After the government fixed land prices based on […]