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 […]

What the US can learn from Myanmar about infrastructure investment

America’s infrastructure is headed down a bumpy road, and unless the country takes drastic action to fix its ailing transport, water, and other infrastructure systems, it might well wind up with the types of struggles I’ve witnessed recently in Myanmar. I am here in Myanmar teaching an international business class for our MBA students as […]

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 […]

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 […]

Ministry planning more bridges around Yangon

More bridges are to be added around Yangon Region with support from international organisations, according to officials from the Ministry of Construction. Infrastructure development often requires support from international organisations, which have helped fund three bridge projects in the Yangon area, said U Kyaw Kaung Cho, an engineer with the ministry. The Thaketa bridge is […]

Yatanarpon Teleport looks for foreign partners

The majority state-owned Yatanarpon Teleport is in discussion with four foreign companies to establish a public – private partnership in the telecommunication sector. Among the companies that have shown interest, True Move from Thailand and Axiata from Malaysia are reported to be favorites. “We haven’t chosen anyone yet. We are now trying to establish Yatanarpon […]