Government woos private sector in construction of Yangon elevated ring road

The Ministry of Construction (MOC) is inviting the private sector to submit Expressions of Interest (EOI) to participate in the construction of an elevated four-lane ring road in Yangon. The MOC on May 18 invited both local and international companies interested in designing, engineering, financing, constructing, operating and maintaining the proposed expressway under a Public […]

Inland Port Project to be Implemented in Hlaing Tharyar Township

Yangon Regional Government is planning to implement an inland port in Hlaingtharyar Township to streamline transportation of goods using waterways. The project is being planned near the Nge Pin Le industrial zone and A Le village in Hlaingtharyar Township, but the regional government has not mentioned a proposed completion date. The project is called the […]

Yangon mulls construction of sea port at river

Plans to build an international sea port at the mouth of the Yangon River, which will be strategic for Myanmar and its neighbours, are underway, Yangon Chief Minister U Phyo Min Thein said yesterday at the meeting with Vice President held at Republic of Myanmar Federation of Chamber of Commerce and Industries (UMFCCI). “Singapore has […]

Yangon under pressure to solve car park shortage

The Yangon Region government has once again come under pressure to solve the chronic shortage of parking space in the city. It will now take action against those responsible for leaving containers in car parks meant for public use, Yangon Mayor U Maung Maung Soe said in Parliament last week. In Yangon, some have been […]

Yangon regional government weighing policies to control traffic

The Yangon regional government is currently weighing a car import policy for the region and will announce its decision in due course, U Myint Thaung, regional planning and finance minister, said last week. Policies including permits for individual car importing are now being discussed with Yangon’s chronic traffic problems in mind. The number of vehicles […]

Railway reforms in Myanmar pick up steam

Since traffic congestion in Yangon has worsened due to the rise in internal migration, Myanmar has plans to speed up its railway sector reforms from this year onwards, according to a government official. Ba Myint, senior general manager and project director at Myanma Railways, said state-owned trains carried more than 47 million passengers last year, […]

Agreement for Hanthawady airport close to signing

An agreement appears in the offing as the coordination committee for the Hanthawady International Airport construction project heads into its sixth meeting with the tender-winning company optimistic that they could emerge with a contract. Coordinated efforts are being made to get moving on the project for an international airport in Bago Region. The first week […]

More buyers expected to opt for new left-hand-drive cars

Since the government’s new car import policy permitting only imports of left-hand-drive vehicles into Myanmar from 2018, speculation over the value of existing right-hand-drive cars in the country has risen, prompting rumours of higher prices for such vehicles. While prices have indeed risen, car dealers said consumers ultimately base their purchasing decisions on the car […]

New vehicle import policy disruptive to Toyota’s Myanmar strategy

Sales of Toyota cars are expected to trail behind that of other car makers in Myanmar as a result of the government’s latest vehicle import policy, a spokesperson for Toyota Motor Corporation said. Under the new policy, which was announced and made effective last month, all new imported cars must now be left-hand-drive in accordance […]

No green light yet for Yangon’s water bus operations

The water bus system was to service the routes along the Hlaing River, the Nga Moe Yeik Creek and the river near Thanlyin Township, according Ko Tun Nai Lin of the Tint Tint Myanmar company which won the tender to operate the system. “At present, we already constructed the jetties. But we are waiting for […]