public-private partnerships

Are PPPs the answer to Myanmar’s financial constraints?

August 27, 2019 by Thiha

Public-private partnerships, or PPPs, are the latest buzzword in government circles as the National League for Democracy looks for new ways to develop infrastructure projects without straining public finances. Officials want to resuscitate the long-stalled Hanthawaddy airport project as a PPP scheme, for example, while Daw Aung San Suu Kyi told an investment forum back […]

Filed Under: Latest News Tagged With: business, Complications, Infrastructure Projects, law, Myanmar Sustainable Development Plan, New Yangon City, public finances, Public Procurement, public-private partnerships, Thilawa Special Economic Zone (SEZ)

Yangon focuses on creating growth opportunities, raising living standards

May 2, 2018 by Thiha

The Yangon Regional Government is drawing up a master plan with the aid of the Japanese International Cooperation Agency and Korea International Cooperation Agency to transform Yangon into an economic hub with job and business opportunities for residents and investors, according to a report on the government’s performance by state-owned media yesterday. Topping the list […]

Filed Under: Latest News Tagged With: asean, Chinese, japanese, Japanese International Cooperation Agency, JICA, Korea International Cooperation Agency, Koreans, Kyimyindaing township, living standards, New Yangon Development Company, public-private partnerships, Seikgyikanaungto township, Small and Medium Enterprises, SMEs, state-owned media, the US and EU, Twante township, U Phyo Min Thein, Yangon, Yangon City development plan, Yangon new city, Yangon New City project, Yangon Region Chief Minister, Yangon Regional Government

Making Myanmar an energy powerhouse

October 27, 2017 by Thiha

Myanmar’s national electrification process is still on hold one year after the new administration took office. The replacement of the Minister of Energy in early August showed the priority given to energy, but the government still has much to do. Myanmar will have to decide on how to solve its chronic power shortage. There are […]

Filed Under: Latest News Tagged With: Battery, charger, Électricité de France, Energy Master Plan, energy powerhouse, equity ratio, global production price, Greater Mekong Subregion Power Sector, hydro and solar power, interest rate, International Energy Giants, Japan International Cooperation Agency, JICA, Kachin, Kachin and northern Shan states, Long-stalled hydropower projects, long-term strategy, marubeni, Mekong Power Shift, Minister of Energy, Myanmar, Myanmar Energy Master Plan, Myanmar Institute of Strategic and International Studies, Myanmar's national electrification process, national energy policy, President U Thein Sein, public-private partnerships, Rakhine states, regional energy market, Shan, Shwe Li-3 power plant, Stimson Center, tariffs, Tokyo, union governments, Yunnan

Ponzi Scheme Takes Millions From Rural Myanmar

August 31, 2017 by Thiha

In the wake of Myanmar’s most widespread and financially devastating ‘Ponzi scheme,’ millions of dollars have been lost, thousands of people defrauded, and a myriad of ministries left pointing fingers. In December 2016, Saxon Capital Limited (SCL) began selling shares to residents of Pyay, Bago, Mawlamyine, and other townships promising an 80 percent return on […]

Filed Under: Latest News Tagged With: Ayeyarwady, Bago, Bago Ministry of Finance, DICA, Directorate of Investment and Company Administration, Dollars, Frontier Myanmar, Global Growth Company Limited, mandalay, Mawlamyine, Ministry of Home Affairs, Ministry of Planning and Finance’s Financial Regulatory Department, Myanmar Times, Ponzi Scheme, public-private partnerships, Pyay, Rural Myanmar, Saxon Capital Limited, SCL, Securities and Exchange Commission of Myanmar, SECM, state-owned companies, Tanintharyi, The Central Bank of Myanmar, Union Ministry of Planning and Finance, Yangon, Yangon Stock Exchange, Yangon

200,000 coffee acres by 2030, agriculture ministry projects

June 5, 2017 by Thiha

The Ministry of Agriculture, Livestock and Irrigation hopes to increase coffee acreage to 200,000 and export 60,000 tonnes by 2030. The country needs to lay down concrete policies to boost coffee production, experts say. Additionally, establishing of public-private partnerships, gaining access to long-term loan plans, and cooperation with foreign and local organisations are absolute musts […]

Filed Under: Latest News Tagged With: agriculture ministry projects, Coffee Association of America, concrete policies, Geographical Indication, GI, long-term loan plans, Myanmar agricultural products, Myanmar’s Arabica coffee, Myanmar’s coffee sector, public-private partnerships, SCAA, Ywangan coffee

Thailand aims to double bilateral trade with Myanmar

February 6, 2017 by Thiha

THAILAND and Myanmar will strengthen trade and economic cooperation under a strategic-partnership strategy aimed at doubling bilateral commerce within the next five years. The two countries’ governments and private sectors will this week sign 15 memoranda of understanding to promote trade, investment and service growth. Deputy Prime Minister Somkid Jatusripitak will today lead an official […]

Filed Under: Latest News Tagged With: ADB, Board of Investment of Thailand, Commerce Ministry, Deputy Prime Minister Somkid Jatusripitak, double bilateral trade, head of the ADB’s Office of Public-Private Partnership, inland waterways and river ports, MoUs, Myanmar, Myanmar President Htin Kyaw, Myanmar’s minister of transport and communications, Nay Pyi Taw, permanent secretary at the Transport and Communications Ministry, PPPs, public-private partnerships, Ryuichi Kaga, Small- and Medium-Sized Enterprises, SMEs, State Counsellor Aung San Suu Kyi, strategic and transaction advisory services, Thai Commerce Minister Apiradi Tantraporn, Thai delegation, Thailand, Thailand-Myanmar Business Cooperation council, Thant Sin Maung, the ADB’s country director for Myanmar, the Asian Development Bank, Win Khant, Winfried Wicklein, Yangon

ADB eyes greater role in Myanmar road, port projects

February 2, 2017 by Thiha

MANILA — The Asian Development Bank will help Myanmar modernize its transportation infrastructure, such as roads and ports, seeing public-private partnerships as key to promoting projects. The Manila-based multilateral lender will serve as an adviser assisting the Myanmar government in such matters as drawing up plans, selecting contractors and procuring funds. The arrangement will be […]

Filed Under: Latest News Tagged With: ADB, ADB's planned priority projects, Ayeyarwady River, China-led Asian Infrastructure Investment Bank, country's military rule, Dawei Port, domestic and foreign companies, international logistics, Japanese Companies, Japanese corporations, Manila, Myanmar, Myanmar Government, Naypyitaw, promoting projects, public-private partnerships, Sri Lanka, strategic and operational adviser, Thailand, the Asian Development Bank, Thilawa industrial park, transportation infrastructure, Yangon

Chinese-led group to build Indian Ocean port, industrial park

January 7, 2016 by Thiha

Myanmar has chosen a consortium of mostly Chinese companies to develop a special economic zone sitting near plentiful offshore natural gas reserves. The Kyaukphyu zone, in the western state of Rakhine, already has an oil and gas pipeline connecting it to China, whose influence over southern neighbor Myanmar could grow as a result of the […]

Filed Under: Latest News Tagged With: China National Petroleum Corp, Chinese companies, Companies investing, gas pipeline, Indian Ocean coast, Kyaukphyu holds strategic importance, Kyaukphyu zone, natural gas, NLD, public-private partnerships, special economic zone, Special Economic Zones, tax incentives, Thilawa zone