DCA hopes to tie up Hanthawaddy airport deal by the end of this year

A Final concession agreement between the Department of Civil Aviation and a consortium building a major new international airport in Bago Region known as Hanthawaddy International Airport should be complete by the end of this year, according to a DCA director. Myanmar has been trying to build the airport for two decades, but delays have plagued […]

Myanmar to Seek Development Assistance for Airport Project

YANGON — The Myanmar government has agreed to seek a concessional loan worth as much as US$750 million to go toward the cost of a new airport to serve Yangon, officials said Monday. The government in August selected a consortium led by South Korea’s Incheon International Airport Corporation as the preferred bidder to develop the […]