Rangoon Govt Invites Private Investment in Public Bus Company

RANGOON — The Rangoon Division government on Monday launched an initiative to set up a US$25 million public bus service company that would improve major bus lines in Rangoon, Burma’s biggest city. On Tuesday, an official said they had already received pledges for more than half of $15 million in private funding shares required for […]

Yangon Power Board to Seek Private Sector Involvement from 2015

YANGON — The Yangon Electricity Supply Board (YESB) will begin to facilitate private investment from early next year, with a view to the possibility of an eventual complete privatization of the city’s electricity transmission. The YESB is currently deciding upon a model for private sector collaboration in discussion with experts and the Yangon Region government. […]