Japan, Singapore firms submit proposals to upgrade Yangon Railway Station

Four companies from Japan and Singapore have submitted proposals to the Ministry of Rail Transportation to upgrade Yangon Railway Station, including the compound yard, according to the Ministry.

“The proposals, including strong documents, are being reported at the national level,” said head officer Win Naung from the Ministry of Rail Transportation.

“Five companies, including a local company, submitted proposals to improve Yangon Railway Station. But local companies can’t do the construction work because the project must be carried out according to international standards.”

The ministry will invite tenders after permissions from the national government, and once the budget and the quality of the winning companies are confirmed.

Moreover, the ministry will seek suggestions from parliamentary organizations and engineering societies.

Quality assurance boards for the buildings will be appointed during the construction period.

“We are going to construct the buildings to meet international standards because the station is located at a commercial hub in Yangon. The project will have to cost up to a billion to meet those standards,” added Win Naung.

Myanmar reached an agreement with Japan at the end of last year to cooperate in the development of railway systems, including an upgrade of the Yangon-Mandalay railroad and substituting some rail cars in Yangon’s circular train system with new air-conditioned carriages.

Technicians from Japan are now checking the condition of the railroad tracks, according to Yangon Central Railway Station sources.

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