Myanmar to Seek Development Assistance for Airport Project

YANGON — The Myanmar government has agreed to seek a concessional loan worth as much as US$750 million to go toward the cost of a new airport to serve Yangon, officials said Monday. The government in August selected a consortium led by South Korea’s Incheon International Airport Corporation as the preferred bidder to develop the […]

Award of major airport contracts offers new clues about Thein Sein government’s approach to doing business.

Subscribe to our tender alert mailing list Yangon’s still-sleepy international airport has grown increasingly busy amid a growing tourist trade, a flood of Western diplomats and NGOs re-establishing themselves in Myanmar, and planeloads of corporate executives coming to see whether all the changes are real. Yangon airport last year handled about 3 million passengers, above […]