30 September 2014
Japan may soon be among the top three foreign direct investment nations or FDIs in Myanmar because of Japan’s investment in the three largest special economic zones being developed in Myanmar. Infrastructure developers and manufacturers from Japan are playing a large role in these zones. Currently, Japan is the 10th largest FDI source in Myanmar, […]
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13 September 2014
September 11 marked the end of an overnight curfew in the Sittwe and Kyaukpyu townships in the Rakhine state that was imposed more than two years ago, according to a spokesman. A curfew from the hours of 10 p.m. to 4 a.m. had been in place in Sittwe, the capital of the state. The curfew […]
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13 September 2014
Promotional video from the Kyaukpyu SEZ roadshow which visited China and Singapore in 2014. Investors are currently being sought to develop the special economic zone (SEZ) which includes a natural deep sea port, industrial zone, gas and oil pipelines. The proposed site for the industrial park will be located south of the Kyaukpyu town, north-east […]
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10 September 2014
The lowest bid to build a gas-powered generating station at the Kyaukpyu SEZ has been placed by Hong Kong company, but officials say there is no guarantee that the company will win the contract. Four private firms places bids for the electricity generation project at the Kyaukpyu SEZ in Myanmar’s Rakhine State, also known as […]
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05 September 2014
In the Kyaukpyu Township in western Burma a mud volcano has erupted, spewing mud over three village tracts and wiping out over 100 acres of paddies fields. There have been no reports of injuries. The eruption happened around 5 p.m. on Sunday, according to the Rakhine Social Network Information Centre’s Htun Htun Naing, who confirmed […]
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02 September 2014
According to the Kyaukpyu Special Economic Zone committee, 12 companies from seven nations have submitted their proposals for development projects in the SEZ. Included among the proposals are plans for developing factories and housing as well as for completing the planned deep sea port. A call for bids went out earlier this year, and bidding […]
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