Overwhelming interest for Yangon Railway Station plot

Yangon – More than 70 local and foreign companies have submitted their expression of interests to develop the land plot surrounding the Yangon Central Railway Station, according to Myanmar Railways. An anonymous source from the tender scrutinising committee said that their bids would be shortlist and the result would be announced in the second week […]

Financially-strapped railway sector put out to tender

Four enterprises and lands held under the financially ailing railway industry were put out to tender in order to improve operations and cooperation with private sector involvement, according to the Ministry of Rail Transportation. Officials said tenders were sent out on April 23, and they include the taxi enterprise into Yangon Railway Station, 1.04 acres […]

Myanmar plans to invite foreign investments for railway sector

YANGON—The Ministry of Rail Transportation is now planning to invite foreign investment to carry out major projects for the railways sector, according to the Ministry. The plan, which represents a major shift for the railways sector during the incumbent government, will be implemented in the near future. “We are going to implement a railway transportation […]

Japan, Singapore firms submit proposals to upgrade Yangon Railway Station

Four companies from Japan and Singapore have submitted proposals to the Ministry of Rail Transportation to upgrade Yangon Railway Station, including the compound yard, according to the Ministry. “The proposals, including strong documents, are being reported at the national level,” said head officer Win Naung from the Ministry of Rail Transportation. “Five companies, including a […]