Browsing: Myanmar

Myanmar Construction News

Singapore’s Oxley bags Yangon station project

YANGON — Singapore-based real estate company Oxley Holdings and its consortium partners have been named the preferred bidders for redevelopment around the Yangon Central Railway Station, a $2.5 billion project by government estimate. The company has


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South Korea eyeing Myanmar infrastructure investments

South Korea is eyeing expansion opportunities in manufacturing and infrastructure in Myanmar. At the Myanmar-Korea Investment Promotion Seminar in Yangon last Thursday, a delegation of 13 South Korean countries met with officials from the Ministry of


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Bouygues, Kajima, Taisei bag $1.1bn of work in Myanmar

TOKYO — General contractor Kajima will sign up for a 45 billion yen ($398 million) urban development project in Yangon, building offices, hotels and other facilities in bringing its city planning expertise to Myanmar. Today it


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Myanmar mulls B4.5bn loan

Myanmar’s cabinet is expected to make a decision in three months on whether it will seek a 4.5-billion-baht soft loan from Thailand to build a 138km road from the Thai border to the Dawei deep-sea port


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Japan’s IHI inaugurates heavy concrete factory joint venture in Myanmar

Japan’s IHI Corp held an opening ceremony Sunday for its heavy concrete factory in Myanmar, becoming the first Japanese plant producing pre-stressed concrete products in Southeast Asia’s newest emerging market. The Tokyo-based heavy industry company, in


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Myanmar-Japan venture targets role in improving infrastructure

 Yangon – A joint venture between Myanmar’s leading heavy machinery distributor, Myanmar Kaido Co., and Japanese trading giant Mitsubishi Corp. Aims to capitalize on Myanmar’s rapid development of urban infrastructure through the rental of construction and


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Rebirth of Yangon building points way for city’s crumbling heritage

HOME to Buddhists, Christians, Hindus, Muslims and a collage of businesses that burst to life as Myanmar’s largest city wakes up, the colonial-era building known simply as ‘491-501 Merchant Street’ holds a mirror up to Yangon.


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Yoma Strategic to invest $100m in Dulwich College Yangon

A new international school set to open in Yangon could receive up to US$100 million in financing from Yoma Strategic, an official from Dulwich College International said yesterday. The school will operate across two linked campuses,


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New Myanmar rulers face dam shove

Beijing signaled it will push Burma’s new government to resume a controversial stalled dam project in the country, saying the contract is still valid. Outgoing Burmese President Thein Sein angered Beijing in 2011 by suspending the


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Myanmar mulling China dam rethink

YANGON: Aung San Suu Kyi’s incoming government is considering a rethink of a controversial Chinese-backed dam in Myanmar and looking for ways to end a military conglomerate’s “privileges”, according to her party’s economic advisor. Her new


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