Myanmar Dealbook: Thailand’s Jarken expands base; MPT gets $55m loan from Korea bank

Rapidly developing country needs infrastructure, housing, and telecom as is reflected in Myanmar’s dealscape. Mandalay Region-based Myin Chan Township, the first high-rise apartment project in the region, is inviting tenders. Korea Export-Import bank will provide over $55 million in aid to Myanmar Post and Telecommunication for expanding internet backbone and networks. Meanwhile, Thailand’s Jarken group of companies is planning to expand to Myanmar by 2016