PPP
21
Feb
2019
Project Bank Notification for PPP Projects
On 30 November 2018, the President’s Office issued a Notification on a publicly assessible database, the Project Bank, which will help to regulate Private Public Partnership (“PPP”) projects in Myanmar. The government hopes the Project Bank will enable greater transparency, facilitate cooperation between different government agencies, and strengthen fiscal policy on infrastructure. The primary purpose […]
30
Nov
2018
PFI: “Myanmar Reforms Sparks Major Projects Pipeline”
Myanmar is undertaking a series of reforms, both in terms of laws and policies, that strengthen the country’s attractiveness for energy and infrastructure projects.
28
Jun
2018
Ministry of Construction Decides to Promote PPP in Myanmar for Roads and Bridges
On the 15 June 2018 the Ministry of Construction (“MOC”), in partnership with VDB Loi, organized a landmark conference on Public Private Partnerships for Toll Roads in Myanmar. Highlights Overview Reports Panels First Step on the Road to Making the Yangon Expressway Project a Success
28
Jun
2018
Some Issues to Consider for Toll Road PPP Projects in Myanmar
The Union Ministry of Construction, in coordination with the Union Ministry of Transport and Communication, and the Yangon Regional Government seeks to implement its first ever elevated expressway, the Yangon Elevated Expressway. Highlights Situation of existing toll roads in Myanmar Myanmar has a lot of experience with toll road bot contracts, but not the right […]
2
Oct
2017
Government Will Soon Start to Accept Proposals for 3 Tendered Airports
A “market sounding meeting” was held on 29 September to exchange some preliminary ideas on the Government’s tender for the Heho, Mawlamyine and Kawthaung Airports. The Government had earlier launched tender application forms which were available for purchase. Some 50 to 60 companies had purchased the set per airport, with most of the interest going […]
27
Sep
2017
Myanmar Kyat or US Dollar for Power Purchase Agreements: Will the Government Insist on Myanmar Kyat Tariffs?
One of the many challenges facing private investors in public infrastructure in Myanmar is, increasingly, the currency issue. The Myanmar Kyat (MMK) has been in a slow but steady decline against the US$ since 2014. Highlights More pressure to accept MMK tariffs Tariff entirely in MMK Tariff in US$ but payable in MMK Tariff in […]
9
Aug
2017
Client Alert: Water supply project opportunity in Myanmar
One of Myanmar’s larger cities plans to implement a water supply project serving approximately 150,000 residents. Based on a feasibility study which was carried out, the project would have to comprise several treatment facilities and more than a dozen elevated tanks. The necessary land for each one of the facilities has been earmarked by the […]
27
Apr
2017
INSIGHTS THIS MONTH (April, 2017)
HIGHLIGHT OF THIS MONTH From Our Corporate M&A Team Myanmar Dramatically Cuts List of 92 Activities Requiring a Local Partner Down to 22 In a move to expand the potential opportunities for foreign investors, the list of activities a foreign investor is allowed to carry out in Myanmar only under a joint venture (“JV”) with […]
3
Apr
2017
“Government Guarantees for PPP Projects in Myanmar” seminar held in Nay Pyi Taw on 31 March 2017
On Friday March 31st 2017 the VDB Loi and Latham & Watkins hosted an event entitled “Government Guarantees for Public Private Projects in Myanmar” in Nay Pyi Taw, Myanmar. In attendance were H.E. Kyaw Win, Union Minister of Planning and Finance, U Aung Nai Oo, Director General DICA, U Win Khant, Permanent Secretary Ministry of […]
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