Yangon’s municipal authorities are planning to invite bids from companies to run 43 state-owned enterprises in the hope of making them more efficient, government media has reported.
The enterprises include the collection of road tolls fees, the operation of public toilets at markets, aquatic feedstuff businesses and golf driving ranges, an official from the Yangon City Development Committee (YCDC) told the Global New Light of Myanmar.
The committee is planning to grant leases for the projects in the next fiscal year, which begins April 1.
The YCDC has already announced plans to privatize garbage collections in the city.
The region produces over 2,500 tons of rubbish daily and the municipal authorities says they are losing about K13.3 million (over $10,000) per day, according to statistics.
The committee employs 4,000 sanitation workers who collect trash from over 8,000 dustbins and nearly 3,000 trolleys using more than 450 garbage trucks. Xinhua
Source: Myanmar Business Today
