Dozens of companies express interest in Yangon highway
More than 50 companies or consortiums, both domestic and international, have expressed interest in constructing a planned elevated ring road in Yangon, according to an announcement made on July 4 by the Ministry of Construction. In May last year, the
China and Myanmar ink economic plan
China and Myanmar have agreed a 15-point agreement towards constructing a China-Myanmar Economic Corridor, according to a local report. The article, quoting U Min Zaw Oo, director of the Directorate of Investment and Company Administration (DICA), sa
Decision expected soon on Kyaukphyu project
U Thaung Tun, the newly installed chair of the Myanmar Investment Commission (MIC) has said that a decision is expected “soon” on a major development at Kyaukphyu, in southern Rakhine State, while also dismissing concerns that the project is a
New MIC chief says Myanmar is ‘open for business’
U Thaung Tun, the new chairman of the Myanmar Investment Commission (MIC), has met with foreign businesspeople as part of aims to encourage investment in the country. In the meeting, Thaung Tun said that the MIC would be transparent, efficient and in
Plans devised for New Yangon City
Senior management behind a planned New Yangon City project held a “town hall style” debate on June 23 to discuss the ambitious plans, and aimed to confront some of the controversies around the project. The project is being developed by the New Ya
