Korean firms to be invited to build Yangon-Dala bridge

A Tender for private companies to build a multi-million-dollar suspension bridge connecting downtown Yangon with sleepy Dala township will be called “soon”, but only for Korean firms, the Ministry of Construction’s permanent secretary said. U Kyaw Lin said a consulting company will be chosen this month to oversee the tender. “The ministry is choosing a […]

Parliament approves large loan for Dala-Yangon bridge build

The Pyidaugnsu Hluttaw has given the go-ahead to a US$138 million loan from South Korea to build a bridge between Yangon and Dala – a project that will cost nearly $170 million. The $137.8 million loan from South Korea’s Economic Development Cooperation Fund, which will go to Myanmar’s Ministry of Construction, gained approval on May […]