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Transparency in Delayed $2B Development Project Requested in Lower House

A $2 billion development project to be undertaken by the Ministry of Construction and a private company in Yangon was questioned in the Parliament’s Lower House on Tuesday over its lack of transparency. Despite the project agreement being signed two years ago, no start appears to have been made on it and the revenue-sharing deal […]

Myanmar dam overflow floods 100 villages

Monsoon rains caused a central Myanmar dam to overflow early Wednesday, inundating about 100 villages and blocking the country’s biggest highway, a government official said. No casualties have been reported but thousands were displaced and took shelter in temporary camps. Swar Chaung dam’s spillway structure, which regulates the release of water from the levee, broke […]

53 companies express interest in building Yangon’s ring road

A total of 53 local and international companies/ consortiums are interested in the 47.5-kilometre elevated ring road in Yangon, the Ministry of Construction announced on July 4. On May 18 last year, the Ministry of Construction (MOC) invited local and foreign investors to submit Expressions of Interest (EOI) for the construction of an elevated four-lane […]

Deep-sea port needed for delta region to boost logistics

The recommendations are published in the position paper released by the European Chamber of Commerce Myanmar (EuroCham) in June as part of EuroCham’s annual White Book. The publication highlighted the need for Myanmar to establish deep-sea ports in order for the country to realise its geographical advantage and become a logistics hub in Asia. Despite […]

Belt and Road should not dictate infrastructure priorities: Melvyn Pun

Beijing’s Belt and Road Initiative (BRI) should not dictate Myanmar’s infrastructure priorities despite the importance of Chinese finance, according to the head of Yoma Strategic. Infrastructure should be developed for Myanmar’s national interest. During the 2nd ASEAN-Myanmar Forum hosted by the Singapore Institute of International Affairs in Sedona Hotel yesterday, Melvyn Pun, the chief executive […]

Three ministries clarify undertakings in first 100 days

THE second press conference on the Union government’s undertakings in the first 100 days was held in Nay Pyi Taw yesterday. The following is the brief of the ministries present at the conference. U Tin Myint, Permanent Secretary of the Ministry of Home Affairs said the Ministry made efforts in anti-narcotic policing, closed cases involving […]

Govt plans 700-acre economic zone in northern Yangon

The construction ministry is planning to build an economic zone on 700 acres in Yangon’s Mingalardon township including residential and commercial buildings, an official has told The Myanmar Times. The land between Yangon-Pyay Road and No.3 Yangon-Mandalay Highway was transferred to the ministry’s Department of Urban and Housing Development in January this year for development, but […]

Commercial vehicles to use to Yangon-Mandalay highway

Commercial that need to reach their destination by a particular time will be considered for access to the Yangon-Mandalay highway, according an announcement of the Public Works and Construction Ministry on Monday. Previously, only private cars and passenger buses were permitted on the highway, according to the announcement. Vehicles loaded with perishable goods, such as […]

Govt Calls for Foreign Investment in ‘Death Highway’ Upgrade

YANGON — The Ministry of Construction has unveiled plans to seek domestic and foreign investment for an upgrade of the Yangon-Mandalay highway, a stretch of road known locally as the ‘Death Highway’ for its high incidence of traffic accidents and fatalities. On Sunday, the ministry called for expressions of interest to be submitted by Jan. […]

Itochu Corporation to build Yangon-Thilawa Bridge

Japanese-based Itochu Corporation will build a Yangon-Thilawa bridge as part of the Thilawa special economic zone project, according to the Ministry of Construction. A Japanese delegation, led by Koji Umemoto from Itochu Corporation, met with construction minister Kyaw Lwin to discuss matters relating on implementation of construction project in Nay Pyi Taw on August 15. […]