Bidders to re-summit financing for Hanthawady airport construction

The shortlist of four bidding contractors for the construction of Hanthawady airport has been invited to re-submit their financial proposals within the April 22 deadline, according to the Department for Civil Aviation. The bidders are Yongnam-CAPE-JGC Consortium, TAI SAE Corporation, VINCI Airport and Incheon Airport Consortium. The four previously proposed to finance the construction. In […]

New Bids Force Further Delay for Myanmar Airport Work: Official

YANGON — Work on the US$1.1 billion Hanthawaddy International Airport in Myanmar faces additional delays because the four short-listed competitors for the job will have to submit new bids because of “a major change in project policy,” a senior Transport Ministry official told Reuters. “Our government has agreed to seek ODA [official development assistance] for […]

Award of major airport contracts offers new clues about Thein Sein government’s approach to doing business.

Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens. Yangon’s still-sleepy international airport has grown increasingly busy amid a growing tourist trade, a flood of Western diplomats and NGOs re-establishing themselves in Myanmar, and planeloads of corporate executives coming to see whether all the changes are real. […]