Parliament opposition leaves two more flyovers in doubt

Two expensive flyovers budgeted for Yangon should be scrappedamid criticism over the portion of public funding dedicated to the projects, a parliamentary committee said yesterday. The outgoing region government earmarked K32.2 billion (US$26.1 million) forthe bridges, slated for the junction of Kabar Aye Pagoda and Parami roads, and North Okkalapa junction. But yesterday the parliamentary Finance, […]

Two new overpasses to go up in Yangon

San San Nwe, the Yangon Region minister for finance yesterday said the Yangon Region government will build two overpasses in Yangon in the 2016-2017 fiscal year. While submitting the region’s budget bill at the first regular session of the second regional parliament, the regional finance minister said Ks 32.2 billion will be earmarked for the […]

Kokkine junction flyover opens

The Kokkine junction flyover, which was built simultaneously with the Tamwe and 8-Mile junction flyovers, opened to public on 31 January. The bridge, whose construction cost Ks 13.93 billion, was completed two months ahead of schedule. Capital Construction, the company that was awarded the rights to build the bridge through a tender process, reported that […]

Two Yangon flyovers to be built in 2016-2017 FY

Yangon Region Finance Minister San San Nwe, on behalf of the Yangon Region government, requested a budget to build two more flyovers in Yangon in the 2016-2017 fiscal year at the regional government’s special meeting on November 30. One flyover will be built on Kabaraye Pagoda Road and Parami Junction, and the other one will […]

More flyovers slated for construction in Yangon

YANGON — More flyovers have been planned for construction in Tamwe, 8-mile Junction and Kokine in the 2015-2016 fiscal year, according to the Yangon Regional Government Committee. As special projects of the Yangon Regional Government Committee, three overpasses will be constructed using funds generated by the selling of vacant land for industrial use in Yangon […]

Overpasses fail to solve Yangon’s traffic congestion

Yangon authorities are being criticised for the costly construction of overpasses, as traffic snarl is getting worse in Myanmar’s biggest city though three overpasses are completed. “Some overpasses are completed but traffic jam is here. The government can do better,” lamented MP Dr Nyo Nyo Thin of Bahan Township Constituency (2). It is reported that […]

Taking the Pulse of Myanmar’s Bean Business

Each morning the floor of the Bayintnaung commodity exchange center in northern Rangoon is jammed with traders and middlemen and buyers looking for the latest prices and deals for some of Burma’s agricultural produce. Famously Burma was once the world’s biggest rice exporter, a position long-lost due to the decades of economic mismanagement under the […]