Thilawa SEZ investment hits USD 1.9 billion

Yangon Region’s Thilawa Special Economic Zone has continued to boom with USD 1.9 billion in total investment. The investment has come from 111 domestic and foreign companies, according to data from the Myanmar Thilawa SEZ Holdings Public Co Ltd

Japan grants major infrastructure loans

One week after China signed a batch of new trade deals with Myanmar, Japan announced that it will provide Myanmar USD 1.1 billion in loans to fund four major infrastructure projects. The agreement, signed by Japanese ambassador to Myanmar Ichiro Maru

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

Myanmar auto industry revs up

Myanmar automotive factories are upping their output in response to higher demand, according to an industry analysis by the Myanmar Times. Production has increased from both Japanese and Chinese brands, taking advantage of growing local demand, im

Singaporean steel company to boost Myanmar production

A Singapore-owned steel producer announced plans to ramp up Myanmar production and manufacture the first coated steel products produced in the country. This December, the JFE Meranti Myanmar Co. Ltd. (JMM) will begin producing new products for both e