Home MMBIZ News Myanma Petrochemical Invites Foreign Investors to Operate LPG Plant

Myanma Petrochemical Invites Foreign Investors to Operate LPG Plant

Myanmar’s state-owned Myanma Petrochemical Enterprise (MPE) under the Ministry of Energy has invited letters of expression of interest (LEI) from foreign investors to operate its liquefied petroleum gas plant at Nyaung Don on a joint-venture basis, according to an announcement in state-run New Light of Myanmar.

The last date for submission of LEI is May 15.

MPE  said in intends to implement joint venture between MPE and interested foreign investors “who have the ability in terms of worldwide experiences in LPG production, storage, distribution, marketing and services, financial capacity, reliability for long term cooperation with respect to business expansion and enhancing the existing facilities/capacities for production, storage, distribution and marketing to operate” the LPG plant.

However, MPE said “no telephone enquiries shall be allowed” with regards to getting further information, which has to be obtained physically at the MPE’s Planning Department in Nay Pyi Taw.

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