Arab Today, arab today myanmar opens up for foreign investors
Last Updated : GMT 06:05:43
Arab Today, arab today
Arab Today, arab today

Myanmar opens up for foreign investors

Arab Today, arab today

Arab Today, arab today Myanmar opens up for foreign investors

Burma - Duetsche Welle

The government of Myanmar has indicated that it plans to usher in a new era of business transparency in its oil, gas and other industries. Auctions for the rights to explore deposits are being prepared. Myanmar\'s government on Monday announced a new drive to open its economy to badly needed foreign investment. Energy Ministry officials pledged a new era of transparency particularly in the country\'s oil and gas industry. The ministry\'s assistant director, Aung Kyaw Htoo, promised international standards would be upheld in auctions for the rights to explore and exploit lucrative energy reserves. \"Transparency is the most important word,\" he said at a conference in Yangon with several major foreign oil firms attending. In January, Myanmar, which is also known as Burma, invited potential investors to tenders for 18 onshore oil blocks, with a further 50 offshore blocks expected to be opened to offers by April. Overcoming past restraints The government is under pressure to make sure its approach to natural resources will bring wider development to its people and is carried out sustainably, with all contract-related payments to be published for scrutiny.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today myanmar opens up for foreign investors Arab Today, arab today myanmar opens up for foreign investors

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today myanmar opens up for foreign investors Arab Today, arab today myanmar opens up for foreign investors

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday