Myanmar Government Dreams of Electric Trains

Although the government has previously expressed intentions to introduce electric trains, the high cost renders the project impossible for the time being, according to an official from Myanmar Railways.

“We regard operating a short-distance train along the strand road in downtown a priority over the electric train project. Getting sufficient electricity and meeting the financial requirements has proven challenging. So we consider this a hypothetical project,” U Tin Wai, assistant general manager from the state-run enterprise said.

The enterprise is preparing to upgrade the circular train lines to international standards to attract more passengers. A new train line has been launched connecting Pansodan to Htawlikwae in Ahlone township along the waterfront of Yangon. Based on the number of commuters on the new track, the plan to retrofit the line with electric trains will be considered at a later date.

According to the survey done by the electric department of the rail enterprise, $1.2 million is needed to build an electrical sub-station, $4 million is needed to procure 4 train engines and $0.924 million to implement the power distribution system for the trains.

The new train track employs two trains with 60 seats each that will run 14 round trips daily.

Myanmar used electric trains in 1994 and 1995 but the plan to deploy them again is held back by insufficient access to electricity.

Meanwhile Japan International Cooperation Agency (JICA) is helping the government upgrade the circular train lines. The total expenditure for the project is estimated to cost $2 billion.

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