Tender to select auditing agency for EITI report

TUESDAY, DECEMBER 23, 2014
Tender to select auditing agency for EITI report

The tripartite team - government, civil society organisations and companies - responsible for implementing Extractive Industries Transparency Initiative (EITI) in Myanmar will open tender next month to select an independent auditing agency from abroad.

The auditing agency will have to review the revenue from extraction of resources in accordance with international criteria.
“The team members are drawing up the responsibilities of the auditing agency,” said Min Zarni Lin, an official from the tripartite team.
The team has slated to include oil and gas sector, and minerals in EITI report which is supposed to submit to EITI Secretariat by January 2, 2016.
The EITI Board admitted Myanmar as a candidate country during its 27th EITI meeting held in Mexico on July 2 this year.