DCA to Spend $1m to Upgrade Seven Airports

The authorities will spend more than K1 billion ($1 million) to repair seven domestic airports in Myanmar in the current 2014-15 fiscal year, a Department of Civil Aviation (DCA) official said.

Since the process for improving 30 domestic airports began, 48 local and foreign companies have bid to handle the operations, she said on condition of anonymity.

The repairs will include fixing buildings and runways, flattening the field and installing security devices, she added.

“The main thing is to repair the runways. As rainy season has arrived we will prepare everything necessary to prevent airplane accidents,” the DCA official said.

The airports to be repaired are Thandwe Airport in Rakhine state, Tachileik and Mae Sot Airport in Shan state, Naung Mon Airport in Kachin state, Loi Kaw Airport in Kayah state, Kalay Airport in Sagaing region and Koe Koe Island Airport in Yangon region.

Four foreign companies have also made proposals to construct the Hantharwaddy International Airport – set to become the largest airport in Southeast Asia once complete.

One of those four companies will finally be selected for the project in June.

Source: Myanmar BUSINESS TODAY

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