Mee Laung Gyaing LNG project to commence construction soon

</a Construction of a power generation project in Mee Laung Gyaing, Ayeyarwady Region will take place after a power purchase agreement is signed within the first three months of the year. Zhefu Holding Group of China and local firm Supreme Trading Co will invest US$2.57 billion to build the plant. It will be powered by […]

Prioritised sectors, new investment opportunities in Yangon laid out

At the Yangon Investment Forum on Wednesday, Yangon Chief Minister U Phyo Min Thein announced the five sectors his government intends to prioritise and in which Yangon welcomes foreign investments. U Phyo Min Thein said the trade, logistics, industry, public transport and energy sectors would be prioritised, adding that the Yangon deep sea port, development […]

Government still negotiating LNG import, purchase price

The Ministry of Electricity and Energy (MOEE) is still negotiating the terms of several power purchase agreements (PPA) which will determine the amount of power that will be purchased and distributed to the public over the next three years. The PPAs are being discussed with parties involved in importing and converting liquefied natural gas (LNG) […]