fbpx

Myanmar Railways to buy 18 YDM-4 engines from India



Myanmar Railways under the Ministry of Rail Transportation inked an Memorandum of Understanding with the India Technology and Economical Service Company on purchasing 18 engines from the company.

U Thurein Win, Managing Director of Myanma Railways, and Director Mr. S. B. Malik of the India Technology and Economic Service Company, signed the MoU on purchasing 18 new engines.

U Nyan Tun Aung, Union Minister for Transport and Rail Transportation; Deputy Ministers; Indian Ambassador Mr. Shri Gautam Mukhopadhaya to Myanmar; Director Mr. S. B. Malik of the India Technology and Economic Service Company and officials attended the ceremony. It will cost K 1.8 million per engine and K 32.4 million for all 18 engines. These engines will be used to pull passenger trains and freight trains.

Source: Myanmar News Agency

NB: The best way to find information on this website is to key in your search terms into the Search Box in the top right corner of this web page. E.g. of search terms would be “property research report”, ”condominium law”, “Puma Energy”, “MOGE”, “yangon new town”,”MECTEL”, “hydropower”, etc.

.

Looking for foreign investors to invest in your business in Myanmar