Construction of Bago-Kyaik Hto Expressway to commence in 2022

Construction of an expressway connecting the city of Bago and Kyaik Hto township in Mon State is expected to start in fiscal 2022-23, U Aung Myint Oo, Director General of Department of Highways under the Ministry of Construction, told the Myanmar Times. This comes after the Asian Development Bank (ADB) last week approved a US$483.8 […]

Myanmar MPs Approve ADB Loan for Mekong Corridor Highway

Myanmar’s Union Parliament on Wednesday approved a US$483.8 million (660 billion kyats) loan from the Asian Development Bank (ABD) for an expressway that is a part of the international East West Economic Corridor (EWEC). The project hopes to link Vietnam’s port of Da Nang and Thilawa port in Yangon, passing through Laos, Cambodia and Thailand. […]

Ministry of construction, Invitation for bids for Bridge Building, Submission Date: 26 February 2018.

Date: 12th January, 2018 Loan Agreement No.: MY-P15 IFP No: MYA/MOC/EWEC/PACKAGE1/PQ 1. The Government of the Republic of the Union of Myanmar has received a Loan from Japan International Cooperation Agency toward the cost of the East-West Economic Corridor Improvement Project. It is intended that part of the proceeds of this Loan will be applied […]

Myanmar renews SEZ push

Myanmar’s special economic zones (SEZs) are a central part of a revitalised economic strategy in which increased manufacturing activity will play a key role. And breathing renewed life and energy into stagnant or stalled SEZs has moved to the top of the government’s agenda. “SEZs promote the transfer of technology, encourage infrastructure development and attract […]