Chinese giant works to win the people

Though the Kyaukphyu area is set for large-scale investments, it is in Rakhine State, which is also home to some of the country’s poorest communities. Kyaukphyu hopes to become a hub for the oil and gas industry and is to be home to one of Myanmar’s three Special Economic Zones – yet local residents risk […]

Tenders for Kyaukphyu SEZ to open on September 15

Twelve companies will be invited submit tenders to develop Kyaukphyu Special Economic Zone in Rakhine State, according to the Kyaukphyu SEZ tenders invitation and selection committee. All 12 had previously submitted expressions of interest and they will be invited to submit tenders on September 15,” said committee member Ba Shwe. Kyaukphyu SEZ consists of three […]

Kyaukphyu SEZ Shares to Go on Sale

The company formed by local businesses to develop the Kyaukphyu special economic zone (SEZ) will start selling its shares to the public later this year, a senior executive of the company said. The shares of Myanmar Kyaukphyu SEZ Public Holding Co Ltd will be sold at a price of K10,000 each, U Tin Aung, secretary […]