IHI Corp. held an opening ceremony Sunday for its heavy concrete factory in Myanmar, becoming the first Japanese plant producing pre-stressed concrete products in Southeast Asia’s newest emerging market. The Tokyo-based heavy industry company, in partnership with Myanmar’s Construction Ministry, opened the $12.2 million facility in the Myaungdagar Steel Industrial Zone in Hmawbi, located about […]
Japan’s IHI inaugurates heavy concrete factory joint venture in Myanmar
May 4, 2017 by Thiha
Filed Under: Latest News Tagged With: company, Construction Minister Win Khaing, factory, foreign investment, Hmawbi, IHI Corp, IHI President Tsugio Mitsuoka, industry, infrastructure, Japan, Japan’s IHI, japanese, market, Myanmar, Myanmar’s Construction Ministry, Myaungdagar Steel Industrial Zone, outskirts, singapore, Southeast Asia, Thilawa Special Economic Zone, Tokyo, Yangon
Prices plummet after new city plans halted
October 9, 2014 by thiha
Market prices have collapsed west of Yangon after region officials shelved controversial plans for a massive city expansion in the area. “There are no more buyers,” said U Hla Chit, a broker who had chased opportunity to the area. “The market has totally stopped and farmers are quiet about selling the land, and local brokers […]
Filed Under: Latest News Tagged With: infrastructure, land, Market prices, new city project, outskirts, Yangon Mayor U Hla Myint