MR plans to sign MoU with EXIM Bank to take the loans

YANGON-Myanmar Railways(MR) is now planning to sign an agreement with Korea EXIM Bank aiming to take loans US$125 million for the upgrading of Mandalay-Myintgyina railroad section. The Union Parliament session on March 26th had approved taking loans from Korea EXIM Bank. The new air-conditioned trains will take about 17 hours to travel the Mandalay-Myitkyina route, […]

Myanmar to use US$1 billion loan for infrastructure projects

Economic development, agriculture, electricity, and infrastructure projects will be the focus of a framework for loans between South Korea and Myanmar. On September 3, Union Minister for Investment and Foreign Economic Relations U Thaung Tun and South Korea’s Minister for Foreign Affairs Ms Kang Kyung-wha signed the framework agreement under which South Korea will provide […]

Work on city side of Yangon-Dala bridge to start next month

YANGON—Construction on the Yangon side of the planned Yangon-Dala Bridge will begin next month, regional Chief Minister U Phyo Min Thein said at a regional investment committee meeting on Wednesday. Spanning the Yangon River, the bridge—also known as the Korea-Myanmar Friendship Bridge, as it is funded by South Korea’s Economic Development Cooperation Fund (EDCF)—will link […]

Department of Power Transmission and System Control, Invitation for Bids (IFB), Closing Date: 18 May 2018.

If your company has Request for Quotation (RFQ) or Tender Announcement that you want us to publish for FREE in the Tenders & Awards section of our website please submit to us at tender (at) consult-myanmar.com for our consideration. Loan/Credit No. : EDCF-MYA-7 1. The Government of the Republic of the Union of Myanmar has […]

Invitation for bids to build Dala Bridge, Submission Date: 23 February 2018

Date: 9th January, 2018 EDCF Loan Agreement No.: MYA-10 Contract Title: Korea –Myanmar Friendship (Dala) Bridge Construction Project 1. The Republic of the Union of Myanmar, Ministry of Construction has received a Loan from the Export-Import Bank of Korea from the resources of the Economic Development Cooperation Fund (EDCF) of the Republic of Korea in […]