Myanmar telecom industry created most jobs in 2016

The telecommunication industry hired the most staff last year, according to a survey on the jobs website Work.com.mm.
Since 2014, when the two foreign telecoms firms began operations, increasing numbers have been drawn to the industry. 
The distribution and logistics industry came second, followed by construction, trade, manufacturing, computer and technology, and hotels and tourism. 
The data were collected from more than 400 companies and 2,000 job advertisements during the year.
Information technology skills were required for most jobs during the year.
There were more male than female jobseekers. – Myanmar Eleven
 MIC hopes to boost domestic investment
 The Myanmar Investment Commission has allowed 1,224 investments in 11 industries. 
Domestic sources invested over 12 trillion kyat (Bt316 billion) in the production, transport, housing development, hotels and tourism, and construction industries until the end of December, the MIC said.
Around 11 trillion kyat was invested before March and more than 742 billion kyat under the ruling National League for Democracy government.
Domestic investment was 2.34 billion kyat in the production industry, 2.23 billion kyat in transport, 2.21 billion kyat in housing development, 1.35 billion kyat in hotels and tourism, 942 billion kyat in construction, 575 billion kyat in industrial development, 456 billion kyat in energy, 138 billion kyat in mining, 66 billion kyat in livestock breeding and fisheries, 50 billion kyat in agriculture and 1.99 billion kyat in other industries – Myanmar Eleven
 LRT project needs 7 trillion rupiah this year
 State-owned construction company Adhi Karya needs around 7 trillion rupiah (Bt1.9 billion) in funding to achieve its development target on the light rail transit project this year.
CEO Budiharto said the funds were expected to come from bond sales, loans from state-owned banks and the state budget.
“Two trillion rupiah is expected from bond sales, while 5 trillion rupiah will come from the loan of a state-owned bank syndicate and the state budget,” said Budiharto, as reported by tempo.co yesterday.
The company had so far spent 2.5 trillion rupiah on the LRT project, he added.
Adhi Karya estimates that the total cost of the Jakarta-Bogor-Depok-Bekasi LRT project will reach 23 trillion rupiah, but the company is still waiting for a consulting company to calculate the final cost figure.
Transportation Minister Budi Karya Sumadi said his ministry was also waiting for the calculation of the project’s contract value.
“The value of the contract will be decided by a consultant. We do not know whether we can negotiate or not, but we will use the figure from the consultant,” he said. 
The Development Finance Comptroller would evaluate any disbursements for the project, he said.
Adhi Karya’s contribution to the LRT project includes a 14.5-kilometre stretch from Cibubur to Cawang (17 per cent), 17.5km from East Bekasi to Cawang (12 per cent) and 10.5km from Cawang to Dukuh Atas (2 per cent) – The Jakarta Post
 Part of Trans-Sumatra toll road to open this year 
 The Public Works and Public Housing Ministry will start operations on some 89 kilometres of the under-construction Trans-Sumatra toll road this year as part of a large-scale road construction programme on the island.
Public Works and Public Housing Minister Basuki Hadimulyono said that besides the toll roads that had been developed in the last two years, the government would launch operations on 568km of toll roads across Sumatra this year.
“We hope that we can achieve our target of developing 1,000 toll roads within five years. Hopefully, we will |even exceed the target of 1,851km |(in 2019),” Basuki said, as reported by kontan.com yesterday.
Toll road sections in Sumatra to enter operation this year include Section II from Medan to Binjai and|from Helvetia to Semayang, Section III from Semayang to Binjai and |from Palembang to Indralaya, Section I from Palembang to Pamulutan, Section III from KTM to Simpang and a 61.75km section from Medan via Kualanamu to Tebing Tinggi.
The Trans-Sumatra toll road is being developed by state-owned company Hutama Karya.
The government is also speeding up the development of 645km of eight toll roads expected to be completed by 2019.
These connect Medan with Binjai, Palembang with Indralaya, Bakauheni with Terbanggi Besar, Pekanbaru with Dumai, Terbanggi Besar with Pematang Panggang, Pematang Panggang with Kayu Agung, Palembang with Tanjung Api Api and Kisaran with Tebing |Tinggi.
The government plans to develop three more toll roads with a total length of 700km from Medan to Banda |Aceh, from Pekanbaru to Padang and from Tebing Tinggi to Prapat. – The Jakarta Post