YANGON — Myanmar’s government on Friday provisionally authorized five multinational insurance companies, including U.K.-based Prudential and Japan’s Dai-ichi Life Holdings, to establish wholly owned subsidiaries in one of Southeast Asia’s least-insured countries. The Planning and Finance Ministry’s announcement came as a surprise as it had earlier said it would allow only up to three foreign […]
US-Myanmar consortium wins 300-megawatt power plant bid
Subscribe to our tender alert mailing list A consortium of local and US firms has won a tender to build a 300-megawatt power plant in Yangon, according to an announcement from the Ministry of Electricity and Energy. The sun sets behind power lines on the outskirts of Yangon.EPAThe sun sets behind power lines on the […]
Myanmar Offshore Oil & Gas Tender Winner List
Subscribe to our tender alert mailing list The Government of The Republic of The Union of Myanmar Ministry of Energy Dated: 26th March, 2014 Selected Candidates and Related Blocks for Myanmar Offshore Blocks Bidding Round-2013 The Ministry of Energy of the Republic of the Union of Myanmar hereby announce that the following companies are chosen […]
Mitsubishi-Jalux to upgrade Mandalay International Airport to airfreight logistics hub
Subscribe to our tender alert mailing list Mitsubishi-Jalux Inc. has been chosen as the winner of the final tender for a project to upgrade the Mandalay International Airport to an airfreight logistics hub in central Myanmar, the tender selection team announced yesterday. France’s VINCI Airport was selected as the back-up for the project. Mitsubishi-Jalux Inc. […]
Myanmar awards telco licences to Telenor and Ooredoo
Subscribe to our tender alert mailing list After months of hard work, speculation and almost disappointment – the winners of the 2 telco licences have been announced by Myanmar Ministry of Communications and Information Technology. What is remarkable is that both Norway’s Telenor and Qatar Telecom (now known as Ooredoo) are 100% foreign owned companies […]
Myanmar telecoms licence winners to be announced Thursday as planned
Subscribe to our tender alert mailing list Thu Jun 27, 2013 10:16am IST YANGON (Reuters) – The winners of two new telecoms licences in Myanmar will be announced as planned on Thursday despite a vote in parliament to delay the process, the head of the body overseeing the bidding said. “We are ready to announce […]