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Steel rails for Yangon-Mandalay railroad arrive at Yangon Port

The Myanma Railway is making efforts to ensure efficient rail transport with the help of the country’s development partner Japan. As part of the collaboration, steel rails for laying alongside the Yangon-Mandalay railroad were brought in from Japan and unloaded at Yangon Port yesterday. “In the afternoon on 1 May, 2,800 tons of steel rails […]

Yangon-Mandalay railroad to be upgraded with Japanese loan

NAY PYI TAW—The Japan International Cooperation Agency (JICA) will lend 20 billion Yen (Ks 192.4 billion) to the Myanmar government to upgrade the Yangon-Mandalay railroad, Minister for Rail Transportation Than Htay told a parliamentary session on Tuesday. The interest rate for the loan is set at 0.01 percent and is repayable in 40 years with […]