Shares Outstanding as Public Bus Company Nears Launch

Burma’s first public bus company, which is expected to launch routes in Rangoon late this month, has so far raised 3.8 billion kyats (US$2.9 million) in a sale of shares to fund the first phase of the transportation service, according to an official. The project will introduce a Bus Rapid Transit (BRT) system to Rangoon, […]

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, […]

Auto group to invest in new bus system

The Myanmar Automobile Manufacturers and Distributors Association (MAMDA) plans to invest into a new bus system that promises to transform travel for Yangon’s commuters. The new system, known as bus rapid transit (BRT) lite, will include dedicated bus lanes, as well as new buses to replace existing ancient vehicles. MAMDA hopes to be involved as […]