Displaying items by tag: Yadanar Sai Kaung Myat Kyaw Company

Myanmar: General Saw Johnny, chief of staff of the Karen National Liberation Army (KNLA), says that the group has not granted permission for Yadanar Sai Kaung Myat Kyaw Company to build a new cement plant at Hnget Pyaw Taw near Hlaingbwe. The representative of the military wing of the Karen National Union, a local political organisation, said that it had met with the company but that no final decision had been made, according to Burma News International. Yadanar Sai Kaung Myat Kyaw Company plans to build a 10,000t/day plant with an investment of US$760m. It intends to pay compensation to the owners of farmlands and plantations that are included in the project area and it has reached an initial agreement with respective state ministry to build the plant.