The Yangon Regional Government is drawing up a master plan with the aid of the Japanese International Cooperation Agency and Korea International Cooperation Agency to transform Yangon into an economic hub with job and business opportunities for residents and investors, according to a report on the government’s performance by state-owned media yesterday. Topping the list […]
Yangon Power Company Readies Budget for System Improvements
The Yangon Electricity Supply Corp (YESC) will spend Ks 17,618.473 million on power distribution in fiscal 2017-18. The regional government will implement the projects with loans from the Asian Development Bank, the World Bank and the Japanese International Cooperation Agency. In an bid to upgrade the power distribution system, YESC will carry out the construction […]
IWT advised to SELL — IWT considers corporatisation or privatisation to recover losses
TO cover losses stemming from the water transportation business the Ministry of Transport and Communications is considering turning its Inland Water Transport programme to do either corporatisation or privatisation, said Union Minister for Transport and Communications U Thant Sin Maung yesterday. “The Asia Development Bank has suggested two options : Either corporatisation or privatisation for […]
MPT, JTEC Joint Venture signs contract for communications network improvement.
Subscribe to our tender alert mailing list A CONTRACT for consulting services was signed yesterday between Myanma Posts and Telecommunications- MPT, the Ministry of Communications and Information Technology and JTEC Joint Venture for the Communications Network Improvement Project. The communications network improvement project will be implemented by the Japanese government’s Japanese International Cooperation Agency-JICA ODA […]
Upgrades planned for Yangon power grid
Poor electricity supply invariably appears prominently in discussions about the challenges facing Myanmar’s economy. Accordingly, international organisations and in some cases foreign investors have pledged large amounts of money and expertise to tackle the problem. However, the discussion is normally framed in the context of expanding power generation capacity rather than the urgent need to […]