Myanmar’s Union Parliament has approved a plan to seek $180 million in loans and grants from the ADB to fund a five-year project to upgrade Yangon’s water supply system.
The Construction Ministry has announced four ‘early-harvest’ projects including roads, a bridge and a tunnel to be built as part of China’s Belt and Road Initiative.
The World Bank announced a package of $460 million in loans and grants to boost power generation in Yangon and fund essential health services around the country.
Singapore’s Infrastructure Asia has signed an agreement to help Myanmar find ‘quality’ investors and partners for its Project Bank of high-priority development plans.
Five emergency power projects approved in the wake of outages last year but delayed by COVID-19 will be operating by September, the deputy electricity minister said.
Hungry for electricity, Myanmar is accepting China’s offers of cheap LNG stations and crossborder transmissions. But relying on Chinese power poses dangers, experts warn.
Myanmar and Japan have signed four loan agreements worth more than US$1 billion for the development of sewerage, power and other projects in seven states and regions.
Unlike its predecessors, the NLD govt is ensuring deals with China benefit Myanmar, Sean Turnell, adviser to the State Counselor, tells The Irrawaddy in an interview.
If India wants to secure its place as a regional power in the Indo-Pacific, a stable and autonomous Myanmar is very much in its interest.
Myanmar and China will ink MOUs preparing for construction of the Kyaukphyu SEZ in Rakhine, and boosting border economic ties when President Xi Jinping visits next week.
Strange markers in villages along a planned China-backed railway in Shan State suggest the project is proceeding without input from locals, who fear for their futures.
Myanmar is unique in that it plays a role in both of New Delhi’s two major foreign policy initiatives—‘Act East’ and ‘Neighborhood First’—says Ambassador Saurabh Kuma
Failing to learn lessons from existing projects, officials tout the benefits of BRI projects while ignoring locals’ fears of land-grabs, lost livelihoods and pollution.
New York tops global Innovation Cities Index for its embrace of smart tech and start-ups. Index also rates transport, infrastructure, green space, property prices and net access among
Yangon is selling about 530 plots of land to boost business development and housing in the crowded city.