The consortium behind a planned 135-megawatt project at Kyaukphyu, Rakhine State expects to sign a deal on the project soon. According to a report in Frontier, the project is being developed by Myanmar’s Supreme Group and China’s state-owned Sinohydro. It will utilize gas from the Shwe field to generate power in Rakhine State. U Htu Htu Aung, deputy chief executive officer for Supreme Group, was quoted as saying that the companies had signed an agreement with the Minister for Electricity and Energy U Win Khaing at the Belt and Road Forum in Beijing on August 28. However, it still requires final government approval. The Kyaukphyu project has faced numerous delays since a “notice to proceed” was issued by the ministry in January 2018. The expected completion date of the project is May 2020.
Upcoming Events
- No events
- all events
Highlights
Terminals, ports, logistics, liner operations disrupted
German containerline Hapag Lloyd has announced a decision to temporarily suspend cargo bookings into Myanmar …Facebook, Instagram ban military and related pages with immediate effect
In a February 24th update to its February 11th statement, Facebook through its Director of …Luxury Japanese real-estate complex called out for funding military
Despite distancing itself from other major Western states imposing sanctions on military-linked individuals and entities, …
Myanmar in the Media
- Myanmar junta leader makes first visit to ChinaSource: Bangkok Post Recent StoriesNovember 5, 20241 hour ago
- Myanmar junta chief to make first China visit since seizing powerSource: Voice of America East AsiaNovember 4, 20241 day ago
- War makes it harder to hold journalists’ killers accountable, experts saySource: Voice of America East AsiaNovember 2, 20243 days ago
- Alleged leader of Rohingya smuggling gang arrestedSource: Bangkok Post Top StoriesNovember 2, 20243 days ago
Thura NewsViews
Myanmar’s most widely read newsletter on the country’s politics, economy and businesses brought to you by Thura Swiss