Myanmar’s once lucrative airline industry is struggling to stay afloat with many carriers already halving their fares to draw more passengers. A shortage of modern infrastructure and high import bill is driving up the price of jet fuel, making it exceedingly difficult for many local airlines to keep their fleets airborne. Already, the Department of […]
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 […]
New terminal to the rescue
YANGON, 4 February 2015: The first phase of Yangon International Airport’s new terminal building should be completed by the end of the year, airport officials claim, as the present facilities creek under the strain of tourism success. Once the new building is fully operational, the current international terminal will be used for domestic arrivals and […]
Bidders to re-summit financing for Hanthawady airport construction
Subscribe to our tender alert mailing list The shortlist of four bidding contractors for the construction of Hanthawady airport has been invited to re-submit their financial proposals within the April 22 deadline, according to the Department for Civil Aviation. The bidders are Yongnam-CAPE-JGC Consortium, TAI SAE Corporation, VINCI Airport and Incheon Airport Consortium. The four […]
Investors Needed to Link New Hanthawaddy Airport to Yangon
Financial backing from the private sector is needed to link Burma’s proposed new international airport at Hanthawaddy with Rangoon, the country’ biggest city, government officials said. “We propose a highway and a high-speed train to Yangon,” Kyaw Soe, an official at the Department of Civil Aviation, told The Irrawaddy. Unable to put a number on […]
New and Improved Airports Needed as Myanmar’s Tourism Grows, Officials Say
RANGOON — With the winning bids for Burma’s three major new airport projects due to be announced by the end of this month, officials say the contracts are necessary, given that the government hopes to draw over 7 million tourists to the country by 2020. The existing international airports for Rangoon and Mandalay will be […]