Myanmar’s Second Investment Policy Review Urges Further Liberalization

YANGON—Myanmar has published its second investment policy review (IPR), which identifies needed policy reforms—ranging from enhancing responsible investment, establishing special economic zones (SEZs) and strengthening the implementation of environmental impact assessments to fostering secure and well-defined land rights—with the aim of attracting more foreign investment to the country. Supported by the France-based Organization for Economic […]

Myanmar releases new policy for unsolicited project proposals

The Public-Private Partnership (PPP) Center under the Ministry of Planning, Finance, and Industry issued order (1/2020) involving the tender process for unsolicited project proposals without government invitation. The order is issued to facilitate and clarify the process of analysing unsolicited project proposals from private organisations and companies to government departments, a spokesperson for the PPP […]

India, Myanmar agree to open Sittwe Port in 2021

India and Myanmar have agreed to work towards launching the Sittwe Port in Rakhine State in the first quarter of 2021, according to announcements by the Myanmar government and the Ministry of External Affairs of India. The developments were made during the visit of an Indian government delegation to Myanmar this week. The Sittwe Port […]

Myanmar draws plan to cushion agri sector from COVID-19

Myanmar will draw up a Food Security Master Plan to cushion the agriculture and livestock sector from COVID-19, U Myo Tint Tun, Deputy Permanent Secretary of the Ministry of Agriculture, Livestock and Irrigation (MOALI), told The Myanmar Times. The decision to draft such a plan came after a meeting on the implementation of the government’s […]

Myanmar, S. Korea Pledge to Step Up Cooperation on Trade, Investment, Energy

YANGON—Myanmar and South Korea have agreed to cement their economic cooperation, particularly in the trade, investment and energy sectors, to help Myanmar overcome the economic fallout from the coronavirus pandemic. Speaking via videoconference during Wednesday’s first meeting of the two countries’ Joint Commission for Trade and Industrial Cooperation, South Korean Trade, Industry and Energy Minister […]

MyTel anticipating 5G rollout next year if granted licence

Telecom International Myanmar Co Ltd (MyTel), a joint venture between Myanmar and Vietnam launched in June last year, can roll out 5G services next year if the spectrum license is granted. The company made a test-run of the 5G service on July 31 where a speed of 1.6 Gpbs was recorded compared to the 4G […]

Myanmar Petrochemical Enterprise invites open tender for Machine & Spares, Chemical materials; Closing Date: Jan 28, 2016

Subscribe to our tender alert mailing list Ministry of Energy Myanmar Petrochemical Enterprise Invitation for Open Tender (9/2015) 1. Myanmar Petrochemical Enterprise invites open tender for the following items: Purchased by Myanmar Kyat (a) Machine & Spares LPG Flexible Oil Hose, 25% Carbon Teflon Hollow Tube, Portable Moisture Analyzer, Cooler Tube, Standard Gas (b) Chemical […]

Myanma Port Authority invites open tender to implementation the electricity for building and to build the Jetty in Thilawa; Closing Date: Jan 7, 2016

Subscribe to our tender alert mailing list Ministry of Transport MYANMA PORT AUTHORITY Invitation for Open Tender 1. Open tender are invited to do the following Business in Myanma Port Authority. No Type Quantity (a) To implementation the electricity for building and to build the Jetty  in Thilawa 1 Lot Tender Closing Date and Time […]

Ministry Of Electric Power invite open tender for Hydro Power implementation at Upper Baluchaung. Closing Date 5 Nov 2014

Subscribe to our tender alert mailing list MINISTRY OF ELECTRIC POWER DEPARTMENT OF HYDROPOWER IMPLEMENTATION INVITATION TO TENDER Qualified Contractors and / or Joint Venture are invited to submit Tender Proposals in United States Dollars For the Design, Supply and installation of Hydromechanical and Electromechanical Works of Upper Baluchaung HPP. Closing Date of Tender Acquisition […]

Myawady Industrial Zone attracts regional interest

Japan, Thailand, Korea and China have all voiced interest to invest in the Myawady Industrial Zone which is currently under construction near the border with Thailand. The Myawady Industrial Zone Project was started in April 2013 and is running ahead of schedule with 60 percent of the project already completed. It is expected to be […]