NAYPYIDAW — Burma’s businesspeople are expecting foreign investments to help launch their projects after buying thousands of acres across the country to develop industrial zones and large-scale operations, according to the Myanmar Investors Development Association (MIDA). Companies presented their ventures at MIDA’s Myanmar Investment Forum 2017 in Naypyidaw on June 6-7, which attracted mostly Chinese […]
End of a way of life: Burmese islands that are home to 2,000 sea gipsies set to be turned into ‘new Phuket’ with 30 hotels and a casino
May 28, 2015 by
Mergui Archipelago in Burma is home to 800 untouched islands but officials says this could soon change 30 hotels and resorts have been given the green lights and officials say these could attract eco-tourists and divers Only 2,612 tourists visited the islands last year, but this is set to soar if plans are given the […]
Investors Lining Up for Mergui Archipelago Hotel Permits
May 9, 2015 by
RANGOON — Nearly 30 local companies and joint ventures are awaiting government approval for hotel projects in Burma’s Mergui Archipelago or have already been given the greenlight to start implementing plans, according to Aung Zaw Win, director general of the Ministry of Hotels and Tourism. The Myanmar Investment Commission is currently vetting 20 local firms […]
