memorandum of understanding

Myanmar and China sign MoU on Muse-Mandalay railway project

September 27, 2019 by Thiha

Muse-Lashio-Mandalay Railway Project is a major exit of China and it is also the project linking with Myanmar. Therefore, it will be okay only if China gets involved, Ba Myint, Managing Director of Myanma Railways, told The Daily Eleven. Muse-Lashio-Mandalay is the second longest railroad section after Yangon-Mandalay in Myanmar. The new railroad of Muse-Lashio-Mandalay […]

Filed Under: Latest News Tagged With: China, China Railway Group Limited (CREC), Electric Trains, feasibility study, memorandum of understanding, Muse-Lashio-Mandalay Railway Project, Myanma Railways, Myanmar

Japan envoy says development is solution for Rakhine

February 15, 2019 by Thiha

Japan’s top envoy to Myanmar said that economic development is an answer to Rakhine’s conflict and that Tokyo is considering providing aid for the state. “If there is economic development, I believe that there will be no conflict,” Japanese Ambassador Ichiro Maruyama said ahead of a Japan-backed investment fair in Ngapali. The first Rakhine Investment […]

Filed Under: Latest News Tagged With: Arakan Rohingya Salvation Army, Bangladesh, CITIC Group, Investment Fair, Japan External Trade Organization, Japan International Cooperation Agency, JETRO, JICA, Kyaukpyu, memorandum of understanding, MOU, muslim, Myanmar investment commission, Ngapali, ODA, Overseas Development Assistance, rakhine, Rakhine Commission, Sittwe port, special economic zone, World Bank

Myanmar, Thai universities to ink MoU for cooperation Posted

December 13, 2018 by Thiha

The universities of Myanmar and Thailand plan to sign a memorandum of understanding (MoU) for cooperation in the education sector very soon, according to Myeik University. Myanmar’s Myeik University and Thailand’s Phetchaburi Rajabhat University will ink the MoU during the last week of January and the first week of February, 2019. The MoU will include […]

Filed Under: Latest News Tagged With: Andaman Sea, education sector, foreign, Illegal, island, memorandum of understanding, MOU, Myanmar, Myeik, Myeik University, Phetchaburi Rajabhat University, study tour, Taninthayi Region, Thailand, Trade, universities, Wildlife

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

MI signs MoU with foreign insurance companies for housing projects

September 7, 2018 by Thiha

Myanmar Insurance (MI) signed a Memorandum of Understanding (MoU) with Japan, Germany and Malaysia to cooperate on insurance services for the construction of one million housing units to be developed by the Ministry of Construction, at Myanmar Insurance on August 28. Dr Sandar Oo, Managing Director of Myanmar Insurance said: “The country needs to develop […]

Filed Under: Latest News Tagged With: Apartments, CHDB, Companies, compensation, construction, Construction and Housing Development Bank, economic development, Germany, housing, Housing Projects, installments, insurance services, Japan, loan amount, Malaysia, Malaysian company, memorandum of understanding, MI, MInistry of Construction, MOU, Myanmar Insurance, ownership of apartment, premium rate

South Korean firm ink agreement on Dala Bridge

August 14, 2018 by Thiha

The Yangon regional government signed a Memorandum of Understanding (MOU) with Myanmar Wooree Co, a South Korean firm, to establish an industrial project on July 11. The regional government plans to construct this industrial project on the western side of Yangon River and will plan to connect that with the proposed Dala Bridge, located in […]

Filed Under: Latest News Tagged With: Dala township, Dala-Bridge, DICA, Directorate of Investment and Company Administration, ECC, EIA, Environmental Compliance Certificate, Environmental Conservation Law, Environmental Impact Assessment, Hmawbi township, Korea Land & Housing Corporation, Korean investors, memorandum of understanding, MOU, Myanmar Wooree Co., Nyaung Na Pin, Oil and Gas Sector, regional finance minister, South Korean firm, U Myint Thaung, U Phyo Min Thein, western side of Yangon River, Yangon Regional Government

After Pakistan, China trying to build economic corridor to Myanmar

July 25, 2018 by Thiha

BEIJING: China and Myanmar are close to signing a deal on the establishment of a China-Myanmar Economic Corridor along the lines of the controversial China-Pakistan Economic Corridor (CPEC). Once launched, the project will unleash a massive inflow of Chinese funds to Myanmar which can further weaken Indian influence over its eastern neighbor. A senior Myanmar […]

Filed Under: Latest News Tagged With: agriculture, Bangladesh-China-India-Myanmar Economic Corridor, China, China-Myanmar economic corridor, Chines-financed dam project, Chinese expert, Chinese funds, Chinese investments, director-general, Federation of Chambers of Commerce of Myanmar, Kyaukphyu Special Economic Zone, mandalay, memorandum of understanding, Myanmar, One Belt One Road Initiative, Pakistan, Peng Nian, Rakhine State, SEZ, South China Sea, Telecommunication, Transport, U Aung Naing Oo, U Maung Maung Lay, Vice-President, Yangon new city

Can China-Myanmar Economic Corridor overcome hurdles to progress?

July 25, 2018 by Thiha

Recently, U Aung Naing Oo, director general of the Directorate of Investment and Company Administration of Myanmar, said that Myanmar and China will soon sign a Memorandum of Understanding (MoU) on building the China-Myanmar Economic Corridor (CMEC), one of the key projects of the Belt and Road initiative (BRI). The two sides reached a 15-point […]

Filed Under: Latest News Tagged With: aung san suu kyi, Bangladesh, Bangladesh-China-India-Myanmar Economic Corridor, Beijing, Belt and Road Initiative, BRI, China-Myanmar economic corridor, Chinese Foreign Minister, CMEC, director-general, Directorate of Investment and Company Administration, Federation of Chambers of Commerce of Myanmar, India, Kyaukphyu Special Economic Zone, mandalay, memorandum of understanding, MOU, Nay Pyi Taw, NLD government, Panglong Conference, Rakhine State, SEZ, Sino-Myanmese border, State Counselor, U Aung Naing Oo, U Maung Maung Lay, Vice-President, Yangon new city, Yunnan

Myanmar to showcase investment projects, reforms in Hong Kong’s Belt and Road forum

July 3, 2018 by Thiha

The newly-appointed chair of Myanmar Investment Commission (MIC) U Thaung Tun, who is also Union Minister at the Office of the Union Government, is going to lead a delegation to the third annual Belt and Road Summit in Hong Kong this week. Demonstrated by the major economic reforms we have implemented over the past year, […]

Filed Under: Latest News Tagged With: Belt and Road Summit, Chair, China, China-Myanmar economic corridor, CMEC, Hong Kong, Hong Kong Trade Development Council, investment opportunities, investment projects, Mandalay's Myotha Industrial Park, memorandum of understanding, MIC, MOU, Muse Central Business District, Myanmar investment commission, Nay Pyi Taw, New Mandalay Resort City, New Yangon City, Nga Yoke Kaung, Pathein Industrial City, private sector, senior policymakers, U Thaung Tun, UMFCCI, Union Government, Union Minister, Union of Myanmar Federation of Chambers of Commerce and Industry, Yangon-Ayeyarwaddy Development project

China, Myanmar to sign MOU on Economic Corridor in 2018

July 3, 2018 by Thiha

China and Myanmar will soon sign a Memorandum of Understanding (MOU) on building the China-Myanmar Economic Corridor (CMEC), one of the highlight projects of the Belt and Road (B&R) initiative, according to reports by media in Myanmar. U Aung Naing Oo, Director General of the Directorate of Investment and Company Administration of Myanmar, was recently […]