YANGON. Sept 8: A Chinese Tianjin company has reached a 3-million-US-dollar contract with Myanmar to build a 25-ton newsprint paper mill in the cbunlrv- Mandalay division. repuris ua.

Under the contract signed here Tuesday between the Tianjin Machinery Import and Export Corporation of China and the Paper and Chemical Industries of the Myanmar Ministry of Industry No 1, the recycle newsprint paper mill is to be • build in Paleik in the division, official newspaper The New Light of Myanmar reported today.

According to the contract, the Chinese side will cany out the design of the plant and provide related machinery and equipment, as well as extend technical supervision and train Myanmar technicians.

The Myanmar side will undertake the construction of the mill.

The paper mill, which will produce import-substitute paper. will be completed in one and a half years.

According to official statistics, Myanmar produced 16,803 tons of all sorts of paper and imported 49.76 million US dollars' worth of paper, paper board and products in fiscal 1998-99 which ended In March.