Phase one of the Yangon Elevated Expressway Project, which includes construction of the Yangon Elevated Expressway and the Yangon Circular Expressway, will cost around $800 million, according to U Han Zaw, union minister for the Ministry of Construction. “The project is part of a Public Private Partnership (PPP) system with the Yangon region, and will […]
The PPP, a party of NLD defectors, military men, and ultranationalists
November 5, 2020 by
The People’s Pioneer Party (PPP) is not going to let the fact that it is just a year old stand in the way of its big ambitions. With 234 candidates running in the upcoming election, it says “the entire party is playing to win.” Part of this confidence no doubt stems from the backgrounds of […]
Elevated expressway tenders’ deadline – September 1
July 21, 2020 by
The final stage of the tender selection process for the Yangon Elevated Expressway will be finalised on September 1, according to the committee responsible for the expressway at the Ministry of Construction.“September 1 is the deadline for the tender submissions. If airlines are still grounded by that time, applicants will have to submit their proposals […]
Philippines Firms Eye ASEAN’s last Frontiers
November 27, 2019 by
PHILIPPINE conglomerates are watching out for opportunities in less developed but fast-growing Association of Southeast Asian Nations (ASEAN) members, drawn by the “unique needs” of these markets. Gross domestic product growth projections of the Asian Development Bank, International Monetary Fund, the World Bank and the ASEAN+3 Macroeconomic Research Office for Cambodia, Laos and Myanmar have […]
Chinese company proposes new circular railroad for Yangon
February 8, 2019 by
Representatives from China Railway Engineering Co Ltd (CREC) have met with the Yangon Region government to discuss the possibility of constructing of a new Yangon circular railroad, U Than Naing Oo, a member of the Yangon Region Hluttaw’s Transportation, Communications, Construction and Industry Committee told The Myanmar Times. “CREC proposed two versions of the potential […]
Ministry of Planning and Finance to set up Project Bank
December 31, 2018 by
‘The project bank will enhance transparency and competitiveness’: U Set Aung The Ministry of Planning and Finance is preparing to launch an interactive and publicly accessible online “project bank” containing priority initiatives that have been screened and approved by the government for their positive impact on economic and social development. The initiative aims to overhaul […]
Project bank to facilitate infrastructure development established
December 6, 2018 by
A Project Bank of Public Investment Programs to facilitate major project proposals from the States and Regions has been established under the Myanmar Sustainable Development Plan (MSDP), Minister of Planning and Finance U Soe Win said during the 2018 Commerce Fair held in Yangon on December 1. “Currently, Myanmar still lacks basic infrastructure. If this […]
A brewing brouhaha over buses in Yangon?
October 16, 2018 by
The Yangon Regional Government has offered the Myanmar Licensed Contractors Association (MLCA) the right to buy 200 school buses and operate a business transporting schoolchildren, U Kyaw Win, chair of the association, said on October 7. If accepted, the move will involve establishing a separate entity to run the operation under a public-private-partnership (PPP). It […]
