According to Yangon Region Police, Myanmar Shwe Yin and CRCC have been paying less than US$100 per day for their failure to complete the city’s traffic control projects on time.
The two companies won the tender for installation of CCTV cameras at 154 traffic lights as well as the construction of traffic control centres. But they failed to meet the six-month deadline and have been paying late fees every day.
According to Traffic Police Lieutenant-Colonel Aung Ko Oo, the fees would apply indefinitely until the companies finished their task.
“This is a big project and a fine of US$100 per day is quite a small amount. We are letting them off easy. There aren’t a lot of problems though since we have been doing things manually for years. It’s far more important that the companies complete everything according to the contracts,” said Dr Maung Aung, secretary of the Yangon Transport Supervision Authority Board.
He said that the project was around 80-per-cent complete and he expected it to be fully finished by October.
A total of 54 companies submitted bids for the project.
According to the YCDC, traffic jams will be reduced by to 30 or 40 per cent after the system is implemented.
Control centres will be built at Khayaypin Road for the north, Thanthumar Road for the east and Bayintnaung Road for the west among others. The centres should be able to see a live feed from the cameras, allowing traffic managers to make on-the-spot decisions.
Ks20 billion has been allocated for the winners of the project, with Myanmar Shwe Yin and China-based CRCC failing to bring it into practice under the previous government.
Source: Eleven Myanmar
