Transport Experts Encourage Myanmar to Adopt PPP model

AS Myanmar and its cities are developing the transport infrastructure, experts have advocated the adoption of the public-private partnership (PPP) model to speed up the development, according to a transport conference last week. International law firm Baker McKenzie, in collaboration with the British Chamber of Commerce Myanmar, hosted the conference “Myanmar: Moving Ahead Perspectives on Developing Transportation Infrastructure” […]

German Bank to Loan €5m For Upgrades at Yangon Railway

​​ Myanmar is to re­ceive a €5 mil­lion loan from Germany’s KfW Develop­ment Bank for upgrades to the Ywa Htaung diesel locomotive shed, where trains are kept when not in use. Parliament passed a motion last week to ap­prove the loan, which will also be spent on upgrad­ing a training centre for repair workers. “We […]

Radar Station to be built in Mandalay Region

A radar station costing US$ 12 million (about Ks 11.62 trillion) will be built at ChanMyaThaSi Airport in Mandalay Region to monitor weather conditions in upper Myanmar, the government says. Deputy Minister for Transport Zin Yaw confirmed the news while replying to a question raised by MP Tin Maung of ChanMyaThaSi constituency in Mandalay Region, […]