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Korean firms to be invited to build Yangon-Dala bridge

Subscribe to our tender alert mailing list A Tender for private companies to build a multi-million-dollar suspension bridge connecting downtown Yangon with sleepy Dala township will be called “soon”, but only for Korean firms, the Ministry of Construction’s permanent secretary said. U Kyaw Lin said a consulting company will be chosen this month to oversee […]

Bridge from Yangon to Dala breaks ground

A bridge that will link downtown Yangon to underdeveloped Dala township received the official green light yesterday, after a majority of local landowners agreed to give up their property in return for compensation. The project, which will be built with funding from Korea, was launched in Dala township yesterday. “We can metaphorically call the Yangon-Dala […]

MIC approves 31 investments in January

The Myanmar Investment Commission approved 31 new local and foreign projects in January, mostly in the real estate and garments sectors, according to figures published by the Directorate of Investment and Company Administration. Of these, 15 were foreign, adding to the 138 international investments approved by the MIC since the start of this fiscal year. […]