Japan’s IHI inaugurates heavy concrete factory joint venture in Myanmar

IHI Corp. held an opening ceremony Sunday for its heavy concrete factory in Myanmar, becoming the first Japanese plant producing pre-stressed concrete products in Southeast Asia’s newest emerging market. The Tokyo-based heavy industry company, in partnership with Myanmar’s Construction Ministry, opened the $12.2 million facility in the Myaungdagar Steel Industrial Zone in Hmawbi, located about […]

Businessmen Want $250,000 Back for Tollgate Bids

PATHEIN, Irrawaddy Division — Irrawaddy Division businessmen have asked for the return of more than US$250,000, which they paid to bid for tollgate operating licenses, after the Ministry of Construction closed 22 tollgates in the division earlier this month. The Construction Ministry closed 161 of its 302 official tollgates across Burma as of April 1. […]