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, […]

Bus Rapid Transit System Set for December Start

The first two lines of a bus rapid transit (BRT) system in Yangon may open as soon as December, according to an official associated with the matter. Bus stops have been built on Kabaraye Pagoda road and Pyay road to facilitate the public bus lines which will use the first BRT routes in Yangon. Bus […]

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 […]