With an eye on China, India gifts submarine to Myanmar

NEW DELHI/YANGON — Taking their bilateral defense cooperation to new heights, India is giving a Soviet-era Kilo-class submarine to Myanmar, a move that many analysts see as an attempt by New Delhi to counter China’s clout in the region. The diesel-electric submarine, the INS Sindhuvir, which was commissioned to the Indian Navy in 1988, has […]

As Myanmar opens up, miners weigh potential versus risk

YANGON, Jan 7 (Reuters) – With abundant mineral wealth from jade and rubies to copper and coal, Myanmar ought to be looking forward to a mining boom as it opens up its economy. But long-running insurgencies and a murky regulatory framework are holding back all but the intrepid. Foreign investment in the Southeast Asian country […]

Ministry of Construction to invite open tender for upgrade of Yangon-Mandalay Expressway; January 31, 2015

Subscribe to our tender alert mailing list Ministry of Construction Public Works (Invitation of Proposal for Yangon-Mandalay Expressway under BOT Scheme) 1. Proposal for operating and upgrading the relevant sections of Yangon-Mandalay Expressway (366 miles 3 furlongs long) to the international and local Companies either individually or joint venture in line with the Master plan […]