German Bank to Loan €5m For Upgrades at Yangon Railway

​​ Myanmar is to re­ceive a €5 mil­lion loan from Germany’s KfW Develop­ment Bank for upgrades to the Ywa Htaung diesel locomotive shed, where trains are kept when not in use. Parliament passed a motion last week to ap­prove the loan, which will also be spent on upgrad­ing a training centre for repair workers. “We […]