Thai Industry Pushes into Myanmar

It’s unprecedented: the largest industrial estate and deep sea port complex conceived in Southeast Asia. It’s controversial: trampling pristine shorelines; felling valuable forests and orchards; paving highways through remote mountain passes and uprooting ethnic minorities all along the way.

KOICA signs for Dala and Bago master plans

Clare Hammond Korea International Cooperation Agency (KOICA) has signed with the Ministry of Construction for several ambitious projects – including master plans for the north and south of Yangon and designing a national road network. The South Korean government’s grant aid arm recently signed with the minister to prepare two regional development plans, said chief […]

Myanmar seeks over $100m for Asean connectivity project

Myanmar’s Construction Ministry is seeking the parliamentary approval for a US$120 million loan to upgrade the Kawkareik-Mawlamyine-Thaton Road, a part of the Greater Mekong East-West Economic Corridor. It plans to borrow US$100 million from the Asian Development Bank (ADB) and $20 million from the bank’s Asean Infrastructure Fund.