Govt to offer financial support for Yangon PPP bus lines

Yangon Region government aims to overhaul the city’s chaotic bus lines by allowing companies to form public private partnerships. These new joint ventures will also be allowed to open petrol stations to help them stay profitable, Chief Minister U Phyo Min Thein (NLD) said. The government set up the city’s first public-private joint venture last year to […]

For whom the road tolls: Funding highways in Myanmar

Anyone who has spent time in Myanmar – especially outside major cities – does not need to be convinced that the road transport infrastructure requires severe improvement. The evidence is in the bumpy rides. There is no shortage of academic insight either. Studies have estimated that coffers needed to improve road infrastructure are in the […]

New joint venture to bring order to Yangon bus chaos

The Yangon Region government is forming a new public-private partnership (PPP) company, as part of a city-wide reform of the chaotic public transport system. Bus line owners are eagerly awaiting the overhaul, but want the authorities to provide infrastructure and financial aid to help them manage the shift. The government set up a public-private sector […]

Government seeks private funding for BRT system

A public transport scheme that would provide an express bus service along 150 kilometres of Yangon’s main roads could be available within three months, transport chiefs hope. Known as “BRT lite”, the scheme is based on a plan drawn up in 2013 by the Japan International Cooperation Agency (JICA) for a Bus Rapid Transit system […]

Gunkul eyes Thai, Myanmar power sectors

Gunkul Engineering plans to invest more than Bt12 billion (Ks 360 billion) over the next two years to develop wind-power plants in Thailand and gas-powered plants in Myanmar. This is part of the company’s strategy to transform itself from an importer and provider of electrical equipment into a power producer in Asean. It aims to […]

Myanmar Car Market: rushing in, but risks abound

“Sixty million people falling out of the sky – you’re not going to see that again in our generation,” quoted The Irrawaddy describing business opportunities in Myanmar. Investors including carmakers have been rushing to tap those opportunities. Nissan and Mercedes-Benz are the latest global OEMs to join Suzuki, Mitsubishi, Toyota, Ford, GM, Kia and Hyundai, […]