Six companies enter competition to import new Yangon buses

Six companies have applied for a tender to import buses for a new Bus Rapid Transit (BRT) system in Yangon.

The tender was open to local and international companies, which proposed importing buses from China and Korea as well as from Swedish group Scania.

The buses will be used for a new “BRT Lite” system, managed by a joint venture between the government and several large Myanmar firms. The joint venture, known as Yangon Private Public Partnership (PPP) Company, hopes to restore order to Yangon’s chaotic bus system.

Six companies have applied for the tender, said U Maung Aung, the company chair.

“We are not sure when we will make an official announcement [on the winner],” he said.

PPP company will favour good brands and reasonable prices, he said.

“If we choose Korean made vehicles they will be brand new. Some Chinese-made buses are high quality, so we may also consider these. But if we pick European-made vehicles they can be second-hand because their brands are high-quality and the prices are higher,” he said.

It will take two months to import the cars, including shipping and licencing, said U Maung Aung. “We hope to start by running 100 buses in early November,” he said.

For now, the company is installing LED boards in bus stops, which will list bus numbers and times. Buses will run in the right hand lanes, and will only stop at major bus stops, said U Maung Aung.

The first buses will run north from downtown Yangon along the two main roads out of the city, with the most commuter traffic – Kabar Aye Pagoda Road and Pyay Road.

In the future, more routes will be introduced.

Source: Myanmar Times

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