Work on the first phase of the Yangon-Mandalay Railway Improvement Project has begun, the Ministry of Transportation and Communications announced. The ground-breaking ceremony for the project was held at the Nyaunglebin Railway Station in Bago Region on November 11. The funding for the upgrading of the railway measuring 620 kilometres will come courtesy of an […]
Yangon-Mandalay railway to receive monitoring system
Railways authorities are planning to install a modernized train monitoring system (TMS) in Yangon-Mandalay railway using a loan from official development assistance (ODA) from Japan, according to Ministry of Transportation and Communications. “We planned one billion Yen for the TMS to modernize Yangon-Mandalay railway,” said an official from the ministry. The Japanese International Cooperation Agency […]
Choi sought personal gain in state business in Myanmar
President Park Geun-hye’s confidant Choi Soon-sil, the central figure in the influence-peddling scandal, is facing an additional charge of seeking personal gain in state business worth 76 billion won ($65 million) in Myanmar, prosecutors said Monday. Choi is already on trial for abuse of authority, coercion and bribery. The independent counsel team said it plans […]
Consortiums prepare to reach eventual inking of construction project for Hanthawaddy Airport
PROJECT consortium companies are preparing to reach an eventual inking of the construction project of Hanthawaddy International Airport in December, it has been learned from the Department of Civil Aviation. Hanthawaddy International Airport will become the largest and main international gateway into Myanmar once it is operational. It will be built on over 9,600 acres […]
Bago airport to improve Myanmar’s reputation: minister
Myanmar’s future as a regional aviation hub depends on wide-ranging developments and improvements centred on the future Hanthawaddy Airport, the minister for transport said. Speaking at a seminar to discuss new laws needed to establish a national airport authority, U Nyan Htun Aung said the development of the new airport would improve Myanmar’s reputation. “A […]
New Bago airport delayed again, to 2022
The target opening date for Yangon’s new international airport has been pushed back by another two years to 2022. The Hanthawaddy International Airport was first imagined in the early 1990s, but the project was put on hold in 2004. When discussions resumed in 2013, officials said it would be ready by 2016. Then, after talks […]
Japan to loan Myanmar over 25b yen: state-run media
[YANGON] Japan will grant Myanmar a 25.89 billion yen (S$284 million) loan as Official Development Assistance (ODA) under an agreement signed between the two countries in Naypyidaw on Tuesday, the state-run Global New Light of Myanmar reported. The loans will be spent on Yangon City electrification project, infrastructure development project in Thilawa Special Economic Zone […]