India, Myanmar sign MoU towards Sittwe Port operationalisation

NEW DELHI: India and Myanmar signed an important MoU on Monday for the appointment of a private Port Operator for the Operation and Maintenance of Sittwe Port, Paletwa Inland Water Terminal and associated facilities included in the Kaladan Multi Model Transit Transport Project in implementation of India’s Act East Policy. Following this MoU the process […]

Japan mulls resuscitating failed Hanthawaddy airport proposal

Japan and Myanmar are in discussions about resuscitating the failed Hanthawaddy International Airport project, according to the transport minister. U Thant Sin Maung, Minister for the Ministry of Transport and Communication, held a meeting with Tsukasa Akimoto, Japan’s State Minister of Land, Infrastructure, Transport and Tourism in Park Royal Hotel, Yangon, on April 30. The […]

Asia World Port Terminal bullish about Myanmar economy with long-term investment in 14 new pieces of equipment

Asia World Port Terminal (AWPT), developed, managed and operated by Asia World Port Management Company Limited (AWPM) and one of the leading players delivering efficient and professional port services in Myanmar, has invested in 14 new pieces of port equipment for the long-term. These include 9 new SANY Rubber Tyred Gantry (RTG), 1 Mobile Harbour […]

India to hand over 18th locomotive

India will hand over the last of 18 locomotives procured under an Indian line of credit in Nay Pyi Taw today, according to the Indian embassy in Yangon. Mr Rajen Gohain, the visiting Indian minister of State Railways, will give the locomotives to U Thant Sin Maung, minister of Transport and Communications of Myanmar, at […]

Yangon regional government expands e-services to help public

The Yangon government is expanding its e-services to further ease business with various agencies and departments, a regional minister said. Information about the different routes of the YBS and the buses serving the routes has been made available through its website; yangon.gov.mm, said U Zaw Aye Maung, Yangon Region Minister for Rakhine Ethnic Affairs. “We […]

Myanmar to Conduct Inland Ports Consultation

Subscribe to our tender alert mailing list As part of its plans to expand Myanmar’s economy, the government will open consultations on Saturday with regional authorities to initiate six new inland water port terminals, four on the Ayeyarwaddy River and two on the Chindwin River. The consultations are part of the implementation of Myanmar’s National […]

Myanmar Signs Agreement With Asian Development Bank to Boost Transport Infrastructure

​​ The Asian Develop­ment Bank (ADB) and Myanmar have signed an advisory servic­es agreement to improve transport through public-private partnerships. ADB will provide stra­tegic and transaction ad­visory services to support the Myanmar govern­ment’s bid to identify and develop transport pro­jects, the agency said. “Improving Myanmar’s transport infrastructure is critical to achieving inclu­sive growth in the […]

Roadsters Told to Buckle up or Face Fines

Drivers be warned: Police will start enforcing a K30,000 (US$23) fine for not wearing a seatbelt starting on January 1. Yangon traffic police and AYA Myanmar Insurance launched an awareness campaign earlier this month in order to promote seatbelt usage, a long-neglected road safety measure. “According to international surveys, wearing a seatbelt while driving can reduce […]

Hanthawaddy Airport Agreement in Final Stage

RANGOON — A final concession agreement will be signed by the end of this year with the Japanese-Singapore consortium which won a tender to construct the Hanthawaddy International Airport north of Rangoon, according to a government minister. U Thant Sin Maung, Burma’s Minister for Transport and Communications, told lawmakers during the parliamentary session on Tuesday […]

IWT advised to SELL — IWT considers corporatisation or privatisation to recover losses

TO cover losses stemming from the water transportation business the Ministry of Transport and Communications is considering turning its Inland Water Transport programme to do either corporatisation or privatisation, said Union Minister for Transport and Communications U Thant Sin Maung yesterday. “The Asia Development Bank has suggested two options : Either corporatisation or privatisation for […]