The Ministry of Construction says it has received 12 prequalification applications for the Yangon Elevated Expressway Project (YEX) Phase 1. The deadline for submissions of prequalification applications was November 13, and the ministry has announced the companies or consortiums that submitted applications for the project. The companies/ consortiums are VINCI Highways from France, Team Korea […]
Yangon blighted by housing woes
November 16, 2018 by
There’s no doubt many Yangon residents want to own their own home in the city as soon as possible, especially those with families or planning to start one. But for many city folks, the prices of new housing units, even those classified as low-cost housing, are beyond their reach given the current state of the […]
Transparency in Delayed $2B Development Project Requested in Lower House
November 15, 2018 by
A $2 billion development project to be undertaken by the Ministry of Construction and a private company in Yangon was questioned in the Parliament’s Lower House on Tuesday over its lack of transparency. Despite the project agreement being signed two years ago, no start appears to have been made on it and the revenue-sharing deal […]
Myanmar Shipyards builds 528 new vessels, repairs 1,598 ships
October 5, 2018 by
Myanmar Shipyards under the Ministry of Transport said that 528 new ships were built and 1,598 ships were repaired up until August this year. Myanmar Shipyards was formed in 1970 as a state-owned enterprise and it has carried out construction and repairing processes of vessels as commercially since the beginning of 1976. “We built 528 […]
Department of highways, Ministry of Construction, Invitation for bid, Submission Date: 9 November 2018.
September 20, 2018 by
1. The Government of the Union of Myanmar has received a loan from Japan International Cooperation Agency (JICA) towards the cost of “Regional Development Project for Poverty Reduction Phase 2 MY-P17”. It is intended that part of the proceeds of this loan will be applied to eligible payments under the Contracts for the construction of […]
MI signs MoU with foreign insurance companies for housing projects
September 7, 2018 by
Myanmar Insurance (MI) signed a Memorandum of Understanding (MoU) with Japan, Germany and Malaysia to cooperate on insurance services for the construction of one million housing units to be developed by the Ministry of Construction, at Myanmar Insurance on August 28. Dr Sandar Oo, Managing Director of Myanmar Insurance said: “The country needs to develop […]
New bridge linking Mingalar Taung Nyunt and Dawbon to open next year
September 2, 2018 by
A new bridge that will link Mingalar Taung Nyunt and Dawbon townships will be opened early next year, the Japan International Cooperation Agency (JICA) said. The New Tharketa bridge over Pazundaung Creek will be completed in February, JICA said in a statement. The construction of the bridge cost 3.36 billion yen (K41.88 billion). It is […]
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