Myanmar Investment Commission approved three private construction companies to build toll roads with BOT system.

Virtue Land, a subsidiary of Asia World Company, Soe Lwin Aung Construction and First Golden Dragon Construction have been given permissions to construct and maintain the roads, as well as collecting toll fee last two month, according to the MIC.

Virtue Land will begin charging the toll for new built toll road [it is also called New Strand Road] in Yangon under the approval of Yangon City Development Committee. The toll road is intended to make the port area more accessible for containers and heavy trucks.

Soe Lwin Aung company’s another road construction is 36-mile toll road that will link Shwenyaung and Lawksawk in Southern Shan State.

First Golden Dragon construction is also allowed to build a 170-mile Mogaung-Kamaing road and Lawa-Kamaing-Lonkin-Hpakan road in Kachin State.


Source:  Eleven Myanmar

NB: The best way to find information on this website is to key in your search terms into the Search Box in the top right corner of this web page. E.g. of search terms would be “property research report”, ”condominium law”, "Dagon City", “MOGE”, “yangon stock exchange”,"MECTEL", "hydropower", etc.

To learn about the business opportunities in Myanmar click here

To evaluate the various segments of the market that you could possibly enter base on your competencies you can do a Custom Market Entry Strategy Research. You can see a sample report at page "Actual Sample of Client Report”. Click here to go to page.

Do you know that IE Singapore is giving up to SGD 20,000 support for Singapore company to venture into Myanmar? To learn more click here