Chinese-backed Kyaukphyu deep-sea port project gets real
Chinese firm CITIC has invited interested companies to submit a bid in order to conduct social and environmental assessments for the construction of its Rakhine-based Kyaukphyu deep-sea port project. Proposals are due by the first week of February. T
China to invest USD 30 billion in industrial zone
As briefly reported in our highlights last week, a Chinese company and several Myanmar partners will invest USD 30 billion in an industrial zone contained within the Kyaukphyu Special Economic Zone on Myanmar’s west coast. Speaking to parliament, DChina’s CITIC to build Myanmar’s Kyaukphyu Deep Seaport for USD 1.3 Billion
Deputy Commerce Minister U Aung Htoo said on Feb 16 that the planned multi-billion dollar Kyaukphyu Deep Seaport project will be developed with the contribution of 70 per cent by the China International Trust and Investment Corporation Consortium (CI
MOEE OK’s another gas fired plant amid LNG push
A Japanese-backed liquid natural gas (LNG) plant and terminal will be the latest in a series of LNG investments that aim to fill Myanmar’s short-term power gaps. The terminal and 1250-megawatt plant, planned for the Thilawa Special Economic Zon
Japanese to invest USD 62 million in telecom infrastructure project
Four Japanese companies will work with the Myanmar government to build communications lines between the Thilawa Special Economic Zone and Myanmar’s largest cities. The companies are the Sojitz Corporation, the NTT Communications Corporation, NE
