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Chinese Cuts Creates Uncertainty For Burma Refinery Project Future

Chinese Cuts Creates Uncertainty For Burma Refinery Project Future

27 February 2014

A key processing refinery project in China has been delayed, putting the future of the country’s multi-billion dollar investment in Burma’s oil terminal and transshipment in uncertainty. The Chinese industry report said street protests against the controversial Yunnan Province refinery are the cause of the delay. The protests were due to concerns over pollution worries. […]

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Arakanese Summit Meeting to Deal with Conflict Declaration

Arakanese Summit Meeting to Deal with Conflict Declaration

12 February 2014

Delegates from a variety of Arakanese organisations have declared they will carry out the 4th Arakan National Conference in Kyaukpyu during 27 April to 1 May as they aim to find responses to the continuing turmoil in the area. Debating at a press meeting at the end of the convention in Chiang Mai on Monday, […]

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Kyaukpyu pipeline not up to global standards, MP says

Kyaukpyu pipeline not up to global standards, MP says

31 January 2014

The Kyaukpyu-Yunnan pipeline running from Burma into China does not meet international standards and shows signs of cracking in some places, an MP told a Union assembly. 
MP Tun Aung Kyaw of Ponnagyun issued an analysis noting that the pipeline should be buried a minimum of 15 feet deep and have outer walls at least […]

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Tax Incentives For SEZ Investors Now In Effect

Tax Incentives For SEZ Investors Now In Effect

29 January 2014

Recently enacted legislation in Burma, also known as Myanmar, includes significant tax incentives for investors in Special Economic Zones (SEZ). President Thein Sein signed the new tax law into effect on January 23rd, and the laws were reported on by state-owned media outlets on January 25th. Income tax exemptions are allowed for both local and […]

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Kyaukpyu boat overturns and kills 17

Kyaukpyu boat overturns and kills 17

29 December 2013

A capsized boat is responsible for the death of 17 people from the Kyaukpyu township in the Arakan state who drown in the on December 27, according to officials in the area. The overloaded boat carried villagers from the Sinboat village who were on their way back from wood collecting in a mangrove forest. The […]

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Kyaukpyu airport to be privatised

Kyaukpyu airport to be privatised

17 December 2013

The Department of Civil Aviation (DCA) announced that along with 30 other domestic airports, Kyaukpyu airport (KYP) is due to be privatised. The DCA’s privatisation plans give priority to companies which rate able to operate the whole airport, though opportunities for companies to operate under join partnerships are also available. The DCA’s spokesperson, director general […]

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Burma Officials Urge Chinese Investment in Kyaukpyu SEZ

Burma Officials Urge Chinese Investment in Kyaukpyu SEZ

09 December 2013

Chinese investors were urged by Burmese officials to make an investment in the Kyaukpyu Special Economic Zone (SEZ) during talks between the two countries. The discussions happened Saturday as part of a bilateral trade meeting. The Kyaukpyu SEZ is located on Burma’s western coast and is one of three SEZ’s in the nation. At the […]

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UN Resolution Draws Protest From Ramree Locals

UN Resolution Draws Protest From Ramree Locals

30 November 2013

Locals from Ramree Township, Arakan State, protested in the streets against a United Nations human rights committee resolution that calls for Burma to grant Bengalis citizenship and call them Rohingya. The protesters in Ramree got permission from the local police before holding the demonstration. The protestors said that the United Nations was unilaterally calling on […]

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Kyaukpyu SEZ Could Bring Nearly 60,000 Jobs

Kyaukpyu SEZ Could Bring Nearly 60,000 Jobs

26 November 2013

By the end of 2016, more than 58,000 jobs could result from the Kyaukpyu Special Economic Zone (SEZ) project. The first stage should be done by then, according to the SEZ Administration Committee. The project is expected to develop in three stages. The first stage will develop between 2014 and 2016. The second stage is […]

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Companies Hesitant About Investing In Kyaukpyu SEZ

Companies Hesitant About Investing In Kyaukpyu SEZ

25 November 2013

The Kyaukpyu Special Economic Zone (SEZ) has welcomed visitors from companies in China, India, South Korea and Taiwan in recent weeks, but the company representative appear uncertain about whether to invest in the area, according to an Arakan government official. U Maung San Shwe, minister of national planning and economic development for the state, said […]

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aHR0cDovL3d3dy5yYW1yZWUuY29tL3dwLWNvbnRlbnQvd29vX3VwbG9hZHMvMy1sb2dvLnBuZyI7fTwvbGk+PGxpPjxzdHJvbmc+d29vX3ZpZGVvX2NhdGVnb3J5PC9zdHJvbmc+IC0gVmlkZW9zPC9saT48L3VsPg==