Japan to Fund New Yangon Bridge

YANGON — Construction of a new bridge to connect downtown Yangon with Thaketa Township will begin in April next year, according to the Japan International Cooperation Agency (JICA), which is funding the project.

The Japanese aid body is providing a maximum grant of about US$4.1 million for the four-lane bridge, with an “extradosed” architectural style that is known to be elegant but relatively expensive. Once completed, the bridge will be the first extradosed bridge in Myanmar, stretching 253 meters across.

The grant agreement was signed between JICA and Myanmar’s Ministry of Construction on Tuesday in Naypyidaw.

JICA says it hopes the new bridge will improve transportation in Greater Yangon, to cope with an increase in economic activities and rapid traffic growth.

Two other bridges currently connect Thaketa Township, in eastern Yangon, with Pazuntaung and Dawbon townships, both in southeastern Yangon. The bridges are moveable and were constructed in 1996, but residents say they require upgrades and are sometimes closed.

Source: THE IRRAWADDY 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