Department to call for tenders to upgrade three domestic airports

Subscribe to our tender alert mailing list The tender call invites developers who are interested to upgrade the infrastructure projects through a public-private partnership (PPP) system, U Ye Htut Aung, deputy director general of DCA told The Myanmar Times. Public-private partnerships between a government agency and private-sector company can be used to finance, construct and […]

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” […]

Yangon to Upgrade Markets With PPP System

The Yangon Region government is going to install 21 markets with a public-private partnership (PPP) system, according to U Myint Thaung, the regional minister for planning and finance. “The regional government has planned to upgrade markets under YCDC that will use a PPP system rather than the government’s budget. There are 21 markets which will […]

No Profits or Share Dividends for YBPC Yet

​​ YANGON Bus Public Company (YBPC) has not received any profits after running for a year and hence the firm cannot pay dividends to its shareholders, according to Yangon Bus Public Company chair U Maung Aung. The YBPC was registered under the Ministry of National Planning and Economic Development and has been permitted to operate […]

Yangon bus system overhaul set to start

​​ Yangon’s infamous public bus system – where commuters are dragged by callous conductors onto ageing vehicles operated by drivers with scant regard for road safety – is about to change. A long-awaited transformation of the bus network, which some 80 percent of the commercial capital’s 2.8 million daily commuters depend upon, will begin at […]

EOI for Public Private Partnership with Myanmar Ministry of Industry on Heavy Equipment Factory. Closing Date 5 Dec 2016.

Subscribe to our tender alert mailing list INVITATION OF EXPRESSION OF INTEREST (EOI) FOR COOPERATION PUBLIC PRIVATE PARTNERSHIP (PPP) IN NO. 14   HEAVY INDUSTRY (THAGAYA) & NO. 15 HEAVY INDUSTRY (THAGAYA) NO.1 HEAVY INDUSTRIES ENTERPRISE, MINISTRY OF INDUSTRY No. 14 Heavy Industry (Thagaya) (Multipurpose Diesel Engines Factory) and No. 15 Heavy Industry (Thagaya) (Earth Moving […]

Govt to offer financial support for Yangon PPP bus lines

Yangon Region government aims to overhaul the city’s chaotic bus lines by allowing companies to form public private partnerships. These new joint ventures will also be allowed to open petrol stations to help them stay profitable, Chief Minister U Phyo Min Thein (NLD) said. The government set up the city’s first public-private joint venture last year to […]

For whom the road tolls: Funding highways in Myanmar

Anyone who has spent time in Myanmar – especially outside major cities – does not need to be convinced that the road transport infrastructure requires severe improvement. The evidence is in the bumpy rides. There is no shortage of academic insight either. Studies have estimated that coffers needed to improve road infrastructure are in the […]

New joint venture to bring order to Yangon bus chaos

The Yangon Region government is forming a new public-private partnership (PPP) company, as part of a city-wide reform of the chaotic public transport system. Bus line owners are eagerly awaiting the overhaul, but want the authorities to provide infrastructure and financial aid to help them manage the shift. The government set up a public-private sector […]

Government seeks private funding for BRT system

A public transport scheme that would provide an express bus service along 150 kilometres of Yangon’s main roads could be available within three months, transport chiefs hope. Known as “BRT lite”, the scheme is based on a plan drawn up in 2013 by the Japan International Cooperation Agency (JICA) for a Bus Rapid Transit system […]