Thilawa Special Economic zone has a new investment project, a joint venture valued at $15m for a new Millcon steel manufacturing plant that will produce up to 90,000 tonnes per…
With forecasts that the Yangon population will double to 10 million in 25 years The Japan International Cooperation Agency (JICA) has proposed two underground railway lines for Yangon to help…
Reports state that Capital Construction has been awarded the contract to build a new flyover at Kokkine Junction, by Kabaraye Pagoda Road and University Avenue Road. Also awarded is, apparently,…
A joint venture has been announced between Manitowoc of Wisconsin, USA and Two Elephant Asiagroup, to distribute cranes in Myanmar. This includes the GROVE brand of mobile hydraulic cranes, which…
Preliminary agreements that were signed in July between The Ministry of Transportation and West Corporation have allowed work to start to provide a new electric tram service in Yangon. Phase…
Thilawa is a deep sea port 25 kilometres from Yangon. This third facility provides two 133 metre jetties and 6 storage tanks. Two with 4 million gallons capacity and four…
United GP Development has received approval for 68 Residence. A development project that will offer 222 residential apartments and 153 serviced apartments. The construction will be a residential tower and…
The largest ever contract to-date in Myanmar to supply elevators has been won by the Swiss company Schindler. The contract is to supply and install 79 elevators and 24 escalators…
The United Overseas Bank of Singapore (UOB) has announced approval, with their corporate clients, for investments totalling $300m. This will fund various projects in Myanmar over the next 12 months.…
The Bosch Group, whose head offices are in Stuttgart, Germany, has reported an increase in annual sales of 70% for Myanmar, thanks to growing demand from the automotive and construction…
