Day: December 5, 2019

Local company proposes eco beach resort project in Gwa, Rakhine

Local company proposes eco beach resort project in Gwa, Rakhine

 Local company Sea Lion Group has announced its intention to build an eco-resort at a site located along Ma Kyay Ngu Beach, near Gwa Township, Rakhine State.The company is proposing to build a hotel, shopping centre, and organic farm on a 20 hectare site across the Gwa River from Gwa Township.The project, which will be […]

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Thai Investors Look to Bring Mass Tourism to Myanmar’s Myeik Archipelago

Thai Investors Look to Bring Mass Tourism to Myanmar’s Myeik Archipelago

Yangon – Business owners from Thailand have expressed interest to invest in tourism in Kawthaung and the Myeik archipelago, in Tanintharyi Region in southern Myanmar, according to Director-General U Thant Sin Lwin of the Directorate of Investment and Company Administration (DICA). A Thai businessman has held talks with DICA and enquired about the potential for […]

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Country’s largest mini-grid unveiled in Magway

Country’s largest mini-grid unveiled in Magway

With the mini-grid, up to 400 households in Magway’s Lel Ma village now have access to electricity.Myanmar’s electrification rate is one of the lowest in the world at around 50 percent. Kapil Seth, chief executive officer of Mandalay Yoma Energy, hailed the investment as a landmark in electricity access for remote areas of the country. […]

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