Nov 9, 2018

European exporter of sunflower oil looking for Myanmar partner

We our most competitive prices and highest quality we aim to become a market leader in Myanmar.

For more information, please contact evi@myanmar-business.org

Bulgaria offers huge potential for supply of consumer goods to Myanmar at competitive prices

Bulgaria is the lowest cost country within the European Union for manufacturing of foodstuff, cosmetics, fertilizers, animal feed and pharmaceuticals. This made the country to emerge as a top trading partner for supplying Myanmar with cheap and quality products.

For more information, please contact evi@myanmar-business.org

China and Myanmar Agree to $1.3 Billion Port Project

The government Myanmar has reached a final, scaled-down agreement with Chinese engineering conglomerate CITIC for an expanded seaport at Kyaukpyu, on the Bay of Bengal. The framework agreement calls for a $1.3 billion terminal with two deep water berths, and is much smaller than an earlier version of the plan, which would have seen the construction of a $10 billion port and free zone complex.
Negotiations over the port have been under way for years, and Myanmar's government ultimately decided to proceed with a de-scoped version of the project due to concerns over excessive foreign debt. Comparable infrastructure investments in Sri Lanka and Pakistan have left those nations indebted to Chinese banks; in Sri Lanka's case, the underperforming Chinese-built port of Hambantota was eventually transferred to a Chinese firm in order to pay back loans.
China will finance 70 percent of the port's construction and Myanmar will cover the balance. An earlier version of the proposal called for a Chinese share of 85 percent.
Set Aung, the lead negotiator for Myanmar on the Kyaukpyu project, told media that the construction will proceed by phases so that the  economic viability of each step can be assessed. When fully built out, the port should generate about $3.2 billion in annual economic activity, according to Chinese state outlet Global Times. It will provide an Indian Ocean terminus for a road and rail connection across Myanmar to the Chinese border, which will allow China-bound cargoes from the west to bypass the Strait of Malacca.
The new deepwater terminal at Kyaukpyu will add to China's presence at the port, where China National Petroleum Corporation already operates a large crude oil terminal. The terminal feeds a transnational pipeline that carries the crude to Kunming, in China's Yunnan Province.
Source: Maritime Executive 

Implementation Of Russia-Myanmar Deal On Deliveries Of 6 Su-30 Jets Underway - Rostec

ZHUHAI (UrduPoint News / Sputnik - 06th November, 2018) The contract between Russia and Myanmar on deliveries of six Su-30SM fighter jets has been signed and is already being implemented, Viktor Kladov, the head of the delegation of Russian state corporation Rostec at the Zhuhai airshow, told Sputnik on Tuesday.
"Yes, [the contract] is signed and already being implemented," the official said, answering a corresponding question.
Also, Russia has started to exercise the option on the deliveries of additional six Yak-130 trainer and light attack aircraft to Myanmar after the main batch consisting of ten Yak-130 jets was delivered, Kladov said.
China International Aviation and Aerospace Exhibition started in the city of Zhuhai on Tuesday and will last through Sunday.
 Source: Urdu Point

Oct 25, 2018

European wine producer and export company looking for partners in Singapore, Malaysia, Indonesia, Vietnam and Philippines

For more information, please contact evi@myanmar-business.org

Oct 19, 2018

Copper and metals tender


Oct 10, 2018

Foreign company interested to purchase Agarwood from Myanmar

please contact evi@myanmar-business.org for more information

 
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