Yangon’s mass rapid transit to receive Japan aid

The Japanese government will provide overseas development assistance for the Yangon Urban Mass Rapid Transit (YUMT) project, according to Japanese Ambassador Ichiro Maruyama.

The Ministry of Transport and Communication (MOTC), with help from Japan International Cooperation Agency (JICA), drafted the development plan for Yangon’s urban transport from 2016 to 2035.

The project, also known as Yangon 2040 plan, aims for the expansion of the metropolitan and building infrastructures such as ring roads and railway network to address the city’s population, which is expected to double by 2040.

The YUMT project will be a part of the 2040 plan and is a collaborative effort between the Japanese government, JICA, MOTC, and theYangon regional government. The mass rapid transit plan will construct a 27km railway on North-South Road connecting Dala township and Mingaladon township and 25km rail on East-West Road connecting Hlaing Thar Yar and Toekyaung Lay, according to MOTC.

Initial feasibility study of YUMT project took place between August 2016 and August 2017. Currently, the ministry and JICA are conducting a feasibility study. This study is expected to complete in September, while the final report will be published at the end of this year.

The Japanese government has provided an ODA loan with 0.01-percent interest rate and 40 years of repayment period for implementing this project.

Ambassador Maruyama added that the investment cost of the project will be disclosed when the study is completed.

YUMT is expected to address Yangon’s traffic problems, commented transport minister U Thant Sin Maung.

Source: Myanmar Times

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