East-West Economic Corridor

Myanmar to Upgrade Urban Infrastructure in State Capitals, Border Town

March 6, 2020 by Thiha

YANGON—The Myanmar government is planning to upgrade basic infrastructure and enhance urban management of three major cities in Mon and Karen states that lie along Japan’s planned East-West Economic Corridor for the Greater Mekong Subregion (GMS). Minister of Construction U Han Zaw said Monday that his ministry will take a leading role in developing the […]

Filed Under: Latest News Tagged With: Asian Development Bank (ADB), Dawei SEZ, development, East-West Economic Corridor, Hpa-an, Japan, Japan International Cooperation Agency, JICA, Karen State, Loans, Mawlamyine, MInistry of Construction, Mon State, Myawaddy, Neighboring Countries Economic Development Cooperation Agency (NEDA), Southern Economic Corridor, Thilawa SEZ, U Han Zaw

Japan to Provide Over $1 Billion in Loans to Myanmar for Development Projects

January 23, 2020 by Thiha

YANGON—Myanmar and Japan have signed four loan agreements worth about US$1.1 billion (120.915 billion yen, or 1.61 trillion kyats) to fund sewerage, urban development, power distribution and infrastructure improvement projects in seven regions and states in Myanmar. The four Official Development Assistance (ODA) loan agreements were signed on Tuesday between Japanese Ambassador Maruyama Ichiro and […]

Filed Under: Latest News Tagged With: East-West Economic Corridor, electricity, infrastructure, Japan, Japanese embassy, loan agreements, ODA, Official Development Assistance, power, rural development, sewerage, Southern Economic Corridor, traffic, Urban Development, wastewater treatment, Water

Is Myanmar Ready to Become a Regional Trade and Supply Hub?

December 11, 2018 by Thiha

Japanese Prime Minister Shinzo Abe recently pledged to promote more than 150 quality infrastructure projects in five nations in the Mekong River subregion—Myanmar, Thailand, Vietnam, Cambodia and Laos—under a new blueprint, the Tokyo Strategy 2018 for Mekong-Japan Cooperation, which will be effective from 2019 to 2021. Japan and China are competing for influence in Southeast […]

Filed Under: Latest News Tagged With: agricultural, Aoyama Gakuin University, Asian Development Bank, Bangkok, Beijing, Belt and Road Initiative, Cambodia, Dawei SEZ, Dong Ha City, East-West Economic Corridor, economic, Foreign Direct Investment, Fujimura, geographic location, Greater Mekong Subregion, infrastructure, Japan International Cooperation Agency, Japanese Prime Minister, JICA, macroeconomic, Mawlamyine, Mekong Economic Corridor, Mekong region, Mekong River, Mekong-Japan Cooperation, Muse, Myanmar, Nan Lwin, National Graduate Institute of Policy Studies, power transmission, Rohingya issue, Southeast Asia, Southeast Asian, Southern Economic Corridor, telecommunications, Thailand, Thilawa Special Economic Zone, Tokyo Strategy, Tokyo Strategy 2018, Vietnam

Kyaukphyu port: What happens next?

November 15, 2018 by Thiha

After more than two years of negotiations, the Myanmar government and China’s state-owned CITIC Group signed the framework agreement for the proposed US$1.3 billion deep-sea port in Kyaukphyu on November 8. At the press conference, CITIC chair Chang Zhenming said this meant “the beginning of further steps”. “Signing this agreement is the starting step for […]

Filed Under: Latest News Tagged With: asean, Belt and Road Initiative, Chang Zhenming, China-Myanmar economic corridor, CITIC, CITIC Group, East-West Economic Corridor, economies, Environmental and Social Impact Assessments, Environmental Compliance Certificates, industrial zone, Kyaukphyu, Kyaukphyu SEZ, Management Committee, memorandum of understanding, National League for Democracy, Rakhine Commission, Rakhine State, SEZ, Sino-Myanmar, Strategic Environmental Assessment, tax revenue, Yunnan Province

Myanmar’s not-so-underground casinos in line for legalization

April 5, 2018 by thiha

MYAWADDY, Myanmar — Casinos are banned in Myanmar, but you would not know that by looking at the ones in the country’s border areas. In the eastern town of Myawaddy, across a river from Thailand, the gaming houses light up the night like their counterparts in Macau or Las Vegas, though they are smaller. Little […]

Filed Under: Latest News Tagged With: Border Guard Force, casinos, East-West Economic Corridor, hotels and tourism minister, Kayin State, Myanmar, Myawaddy, New Mon State Party, Ohn Maung, Thailand

Parliament approves to borrow US$80 M from ADB

March 29, 2018 by Thiha

Union Parliament approved to borrow US$80 million from Asian Development Bank (ADB) for towns along Greater Mekong Sub-region development project. Kyaw Tin, Deputy Minister for Construction said the project is to develop towns located along the East-West Economic Corridor in Greater Mekong Sub-region. The ministry chose Hpa-an and Myawady from Kayin State and Mawlamyaing from […]

Filed Under: Latest News Tagged With: ADB, ancient buildings, Asian Development Bank, deputy minister for construction, deputy minister for Planning and Finance, East-West Economic Corridor, Economy, Greater Mekong Sub-region development project, Hpa-an, Hpa-an industrial zone, Kayin State, Kyaw Tin, Maung Maung Win, Mawlamyaing, MInistry of Construction, Ministry of Planning and Finance, Mon, Mon State, Myawady, Parliament, services sectors, social, socio-economy development, transportation, Urban Development, waste disposal systems

Myanmar renews SEZ push

October 3, 2017 by Thiha

Myanmar’s special economic zones (SEZs) are a central part of a revitalised economic strategy in which increased manufacturing activity will play a key role. And breathing renewed life and energy into stagnant or stalled SEZs has moved to the top of the government’s agenda. “SEZs promote the transfer of technology, encourage infrastructure development and attract […]

Filed Under: Latest News Tagged With: a key economic adviser, Australia, Cambodia, chairs the SEZ management committee, chief minister Lae Lae Maw, China, China-backed Belt and Road programme, Chinese President Xi Jinping, Chinese state-owned investment group Citic, Dawei, Deputy Commerce Minister Aung Htoo, Director, domestic industrial zones, East-West Economic Corridor, Europe, EWEC, foreign investment, Henry Van Thio, Hong Kong, Italian-Thai Development Plc, ITD, Japan, Japan-Asean summit, Japan-Myanmar joint venture, Ko Ko Lwin, LNG Plus International Co, Ministry of Industry, MPA, Myanmar Japan Thilawa SEZ Development Co, Myanmar Port Authority, Myanmar-Thai Border, Myanmar's special economic zones, Phyo Win Tun, Rakhine State, Rojana Industrial Park Plc, Sean Turnell, Set Aung, SEZs, Suwit Ratanachinda, Taiwan, Thailand, the ministry's permanent secretary, the Tanintharyi Region finance minister, the Thai International Freight Forwarders Association, the United States, the vice-president, Thein Sein, vice-president of the Dawei SEZ management committee, Vietnam

ADB Urges Myanmar to Fix Big Infra Gap

January 19, 2017 by thiha

EVEN THOUGH Myanmar is at a critical juncture politically, socially and economically, it has a substantial infrastructure gap that needs to be tackled as a priority, said Winfried Wicklein, Asian Development Bank’s country director in Myanmar. “I think it is important to start the development quickly to get some early runs on the board. […]

Filed Under: Latest News Tagged With: ADB, Asian Development Bank, East-West Economic Corridor, Least Developed in Southeast Asia, Myawaddy, Northern Corridor, Winfried Wicklein, Yangon to Bangkok

China Road & Bridge Corporation won the Greater Mekong Sub-region, East West Economic Corridor Road Improvement Project

June 27, 2016 by thiha

Subscribe to our tender alert mailing list REPUBLIC OF THE UNION OF MYANMAR MINISTRY OF CONSTRUCTION DEPARTMENT OF HIGHWAYS Procurement Result of Greater Mekong Sub-Region, East West Economic Corridor (GMS EWEC ) Eindu to Kawkareik Road Improvement Project (ADB Project No.46422-003 MYA). See location of road on Google Map at https://goo.gl/maps/io4AvMPDTb12 Department Of Highways, […]

Filed Under: Tenders & Awards Tagged With: ADB Project No 46422-003 MYA, announcement of bid results, China Road & Bridge Corporation, DEPARTMENT OF HIGHWAYS, East-West Economic Corridor, GMS EWEC Eindu to Kawkareik Road Improvement Project, Greater Mekong Sub-Region, IL & FS Transportation Networks Ltd & Elsamex SA JV, Maga- Sierra JV, MInistry of Construction, Nawarat Patanakam Public Co Ltd, Phuong Thanh Transport Construction and Investment Joint Stock Company, procurement of bid results, See Sang Karn Yotah, Sinohydro Corporation Ltd

India-Myanmar-Thailand trilateral highway agreement soon

May 25, 2016 by Thiha

NEW DELHI: The dream of a seamless travel in Southeast Asian countries will soon be reality with India all set to sign a strategic trilateral highway agreement connecting India-Myanmar-Thailand via road which is expected to give a big boost to trade and economy in ASEAN countries. According to the Ministry of Road, Transport and Highways […]