Six Chinese Firms Win Solar Tender and More Myanmar Business News

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The Ministry of Electricity and Energy (MOEE) awarded six Chinese companies tenders to construct 16 of a total of 30 solar projects across Myanmar. Sungrow Power Supply Co. won eight projects, followed by a consortium of SPIC Yunnan International Power Investment Co. and Khaing Lon Gems which won four. Two China-Myanmar joint ventures and two Chinese companies won one project each.  Read More…

Myanmar’s Sea Trade hits over US$20.5 bn

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As of 10 July 2020, Myanmar’s trade with foreign countries through sea routes totalled over US$20.5 billion in the current fiscal year of 2019-2020, an increase of over US$1.5 billion as compared to the same period in the last fiscal year. Myanmar currently has nine ports engaged in maritime trade, with the Yangon Port being the main gateway.  Read More…