Following a move to find investors for the privatization of international airports in Myanmar, the floor will be opened up to companies who wish to be involved in domestic airport development, according to the Department of Civil Aviation.
U Win Swe Tun, director-general of the department, told Mizzima on October 30, “Upon completion of the international airport project [contracts], entrepreneurs will be invited again for the domestic airports.”
The department has invited an expression of interest by January 2015 from entrepreneurs to privatize 30 domestic airports throughout the country. Forty-five local and foreign companies submitted proposals of interest over respective airports to the department.
Those companies vying for the contracts will be judged on the quality of their proposed build, operate and transfer or BOT systems.
Arrangements have been made to give the green light to the investors whose master plans are in conformity with the rules of the airport projects in the long run, U Kyaw Soe, director of the department told Mizzima.
Most of the investors submitted proposals on Bagan-Nyaung U Airport as the most attractive airport project, with other popular airports including Tachilek, Heho, Thandwe, Kyaukpyu, Myeik, Kawthoung, Dawei and Mawlamyine.
Domestic airlines Air KBZ and Air Bagan as well as Japanese and Thai companies tendered their proposals to the department.
Except for aviation communications, navigation and control services, private entrepreneurs will be allowed to engage in the remaining aviation services.
Source: MIZZIMA MYANMAR