Three companies Shortlisted for Yangon Payment Services Tender

The Yangon Regional Government has shortlisted three companies to implement the Yangon Payment Services (YPS) cashless payment system on all Yangon buses in 2018.

After conducting checks and meeting with a total of 14 companies which tendered for the project, the Tender Supervisory Committee has selected AnyPay Payment Services Co.,Ltd, Asia Stamar Transport Intelligent Co.,Ltd and Excel KC Myanmar Co.,Ltd as the top three potential candidates for the job.

The Yangon Regional Government reviewed the necessary documents and discussed plans at length with each company Tuesday. The companies must reply to the government’s queries before 4 pm on Friday.

On January 8, the Yangon Regional Government will meet one final time with the three companies and announce the winner on the same day.

After switching to the Yangon Bus Service (YBS) from the old Ma Hta Tha transportation system last January, Yangon Chief Minister U Phyo Min Thein is now focused on implementing YPS, which involves the use of prepaid cards to pay for the fares on all buses.

Under the new YBS system, old buses were replaced with new air conditioned buses and bus lines were consolidated to just over 100 lines from more than 300 before.

Some MPs also voiced concern during regional parliament sessions over how the government would manage the companies involved in building the cashless, prepaid card system.


Source: The Myanmar Times


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