CEO’s Weekly Blog – 20 August 2019 Dear Friends, On 11 February 2019, NYDC announced the Request for Expression of Interest (EOI) to participate in the Stage-2 infrastructure projects, which included six work streams, namely, 1) Power Supply and Distribution; 2) Natural Gas Supply and Distribution; 3) Cyber Connectivity; 4) Public Transport; 5) Waste […]
Corporate Japan urges Myanmar to address business concerns
December 10, 2018 by
The most senior Japanese business leader in Myanmar urged the government to recognise how liberalisation, efficient bureaucracy and reliable power supply allowed Thilawa Special Economic Zone (SEZ) to attract considerable investments. He also warned that current restrictions placed on foreign firms in the retail and wholesale sector are already “the maximum” but commended the ministry’s […]
Myanmar’s poorest state beckons investors
November 28, 2018 by
CHIN state’s underdeveloped infrastructure presents great opportunities for domestic and foreign investors if they do their homework, says a report that looks into business prospects in Myanmar’s poorest region. Min Zaw Oo, director of Chin State at the Directorate of Investment and Company Administration, said investors should not hesitate to invest in Chin state where […]
Myanmar still weak in enforcing contracts, protecting minority investors
November 9, 2018 by
Myanmar has done undertaken two reforms to improve access to power supply and the ease of starting a local business, according to the latest report from the World Bank. However, pace of reform on most regulations affecting the private sector remain stagnant. In the newly-released World Bank’s 2019 Doing Business rankings, Myanmar ranks 171th out […]
Toyo Construction, JFE to build port in Myanmar
January 14, 2016 by
TOKYO — Toyo Construction and JFE Engineering have received an order from the Myanmar government to build port facilities in a special economic zone near Yangon. The order, valued at about 14 billion yen ($117 million), was awarded to the Japanese companies via competitive bidding. The project will be funded by Japan’s official development assistance […]
Electric Trains to Come in November
August 4, 2015 by
A Pilot survey is being carried out along Strand road between Htawligway in Ahlone township to Linsadaung in Botahtaung township. The building of necessary infrastructure is set to start this month, the official said. “We have undertaken this project to make public transportation more convenient for the people. We selected Strand road for the pilot […]
Plans for Coal-Fired Power Plant Face Opposition in Mon State
April 29, 2014 by
YANGON — Plans to build the first coal-fired power plant in Mon State have come under fire by local residents, who say they worry about pollution and potential health ramifications. The Thai-based Toyo-Thai Group held a consultation meeting on Friday with local residents to explain plans to build a 1,280 MW power plant in Inn […]
