Singapore, Myanmar to Start Talks on Investment Treaty

Singapore and Myanmar will begin talks on a bilateral investment treaty and update an agreement on avoidance of double taxation in a sign of growing economic ties between the two countries. The moves will send a positive signal to investors and boost economic growth, said Prime Minister Lee Hsien Loong yesterday at a dinner which […]

Playing PPP Catch-up

Public-private partnerships (PPPs) have been used as a mechanism to build and upgrade infrastructure in the developing countries of Southeast Asia for several decades. However, PPPs are relatively new to Myanmar. The country is lagging behind the other ASEAN member states, and its development needs are enormous. Myanmar can benefit from PPPs for both hard […]

Hanthawaddy Intl Airport Awaiting Loan From Japan

Hanthawaddy International Airport, a state-of-the-art airport project slated for development in Bago Region, will be ready for construction once the Myanmar receives the US$706 million loan pledged by the Japanese government, said an official from the Ministry of Transport and Communication. “The feasibility report and final report have been done. But Japan’s overseas development aid […]

Hanthawaddy Airport Agreement in Final Stage

RANGOON — A final concession agreement will be signed by the end of this year with the Japanese-Singapore consortium which won a tender to construct the Hanthawaddy International Airport north of Rangoon, according to a government minister. U Thant Sin Maung, Burma’s Minister for Transport and Communications, told lawmakers during the parliamentary session on Tuesday […]

DCA hopes to tie up Hanthawaddy airport deal by the end of this year

A Final concession agreement between the Department of Civil Aviation and a consortium building a major new international airport in Bago Region known as Hanthawaddy International Airport should be complete by the end of this year, according to a DCA director. Myanmar has been trying to build the airport for two decades, but delays have plagued […]

Myanmar invites tender for building overbridge highway linked to new int’l airport

Xinhua News Agency | Tue,2016-08-16 Myanmar invites tender for building overbridge highway linked to new int’l airport YANGON, Aug. 16 (Xinhua) — Myanmar’s Department of Civil Aviation is inviting tender from home and abroad for building an overbridge highway to link downtown Yangon with the Hanthawaddy International Airport under construction in Bago region, the local Voice […]

Consortiums prepare to reach eventual inking of construction project for Hanthawaddy Airport

PROJECT consortium companies are preparing to reach an eventual inking of the construction project of Hanthawaddy International Airport in December, it has been learned from the Department of Civil Aviation. Hanthawaddy International Airport will become the largest and main international gateway into Myanmar once it is operational. It will be built on over 9,600 acres […]

Surbana Jurong goes underground to expand Myanmar business

Surbana Jurong has added Yangon’s first underground pedestrian walkway, an airport and a special economic zone to its list of Myanmar projects, the Singaporean infrastructure consultancy announced this week. Shwe Taung Development awarded Surbana Jurong the contract for the 30-metre underpass last week. The country’s first underground walkway will be located on Pyay Road and […]

Yongnam, Changi Airport consortium is a step closer to Myanmar airport deal

A consortium comprising JGC Corporation, Yongnam Holdings and Changi Airports International has sealed a framework deal with Myanmar’s Department of Civil Aviation (DCA) to build and manage a new international airport in Yangon, Myanmar. The signing of the agreement marks an important step towards the eventual inking of the Hanthawaddy International Airport concession agreement, the […]

Myanmar, consortium sign deal in new international airport project

A consortium comprising JGC Corporation, Yongnam Holdings Limited and Changi Airports International on Saturday (Jan 30) signed a Framework Agreement with Myanmar’s Department of Civil Aviation (DCA), reaching a milestone in the Hanthawaddy International Airport project. According to a media release, the signing of the Framework Agreement marks an important step towards the eventual inking […]