“The project will help strengthen Myanmar’s connectivity with Thailand and other countries along the GMS corridor and promote trade, tourism, and investment, as well as climate resilience and environmental sustainability.” The move comes when the Government of Myanmar has decided to focus on improving the country’s road infrastructure in a bid to boost connectivity and facilitate trade. Zaw Zaw Htwe 06 Feb 2019. Fuelling Conflict (Investment Exacerbating Turmoil in Western Burma) July 8, 2020. It passes through the Burmese towns of Shingbwiyang, Myitkyina and Bhamo in Kachin state. © Copyright 2020 The Myanmar Times. For phase one of YEX, a 27.5 km four lane ring road will involve connecting east and west of Yangon, as well as the Yangon International Airport. The highway project includes a four-lane elevated road of 47.5km which will link the south of Yangon, which includes Yangon Port and Thilawa Special Economic Zone, to the north side of the city, where the Yangon International Airport, Mingaladon Industrial Park and the Yangon-Mandalay Expressway are located. a huge amount of the country's revenue is earned by the export business. City Development Committes of Yangon, Mandalay and Naypyitaw are reponsible for cit對y areas and the rest for the project purposes. It also has vast timber, natural gas, and fishery reserves and is a leading source of gems and jade. JICA Myanmar Office on Social Media. 14% 15% 22% 3% . Notably, four Chinese companies have been included in the shortlist. Source: The Irrawaddy “Xi Hopeful on Belt and Road Projects in Myanmar During COVID-19” Note: This is The Irrawaddy’s article I post here for readers’ information. Regional Minister … You are here: Home / Latest News / Xi Hopeful on Belt and Road Projects in Myanmar During COVID-19. China’s influence on Kyaukpyu, Myanmar. DESIGN STANDARDS AND SPECIFICATIONS Design standards for this project will conform with “Manual of Standard & Specifications for two laning of State Highways : SP:73(IRC-2007)”, “Specification for Road and Bridge Work” by Government of India, MORTH and various relevant IRC Standards and … MINISTRY OF CONSTRUCTION. The 10 companies shortlisted as prequalified bidders include VINCI Highways from France and China Communications Construction Company as well consortiums comprising firms and joint ventures from Myanmar, Thailand, Japan and China. 2. nd – 5th October, 2018. Work on a new road and bridge project is planned to start in Myanmar during 2019 and is expected to take until 2022 to complete. 1. The length of the four-lane highway is approximately 1,360 km (850 mi). Myanmar is a resource-rich country with a strong agricultural base. Description: As Myanmar opens its borders for business, it needs to develop its road network to drive economic growth and take advantage of its strategic location in the Greater Mekong Subregion. BOT contracts. The 18-km sky train project will start from Hlaingthaya township Station, run along the Yangon-Pathein road, cross over Hlaing River in the south of Bayinnaung Bridge and then run from Okkyin Station along the Parami Road before reaching Tokyaung Kalay Station. The construction ministry started inviting both local and foreign businesses to submit Expression of Interest (EOI) last May. Most notably, Myanmar is seen as a link that connects both the 21st Century Maritime Silk Road and the Silk Road Economic Belt, making it an integral component of both. h�bbd``b`�$� �J �2 $f"A�HL���@� !1H�+��b@�+H��b`bd�d100 ��}� � ��) Moreover, Xinjiang is located in the far western part of China, far from fuel import-dependent major cities and industrial centers. Pandemic delays Belt & Road Projects in Myanmar: ICG. 0 The Yangon government has asked the regional parliament to allow it to use K8 billion (US$5.25 million) of the money meant for construction of pedestrian bridges and investment in foreign banks for road development instead. Combined with an advantageous location and opportunities in developing infrastructure, Myanmar is one of the world's final frontier markets and one of Southeast Asia's brightest investment destinations. Ulaanbaatar, Mongolia. Last Thursday, MOC held a pre-bid conference for investors and announced that they need to submit proposals of the project this June for bidding purposes. Frontier emailed the ADB questions about the project but did not receive answers by deadline. Sources of Fund Grant & Loan Private Finance (BOT) Sources of Fund Internal Sources of Fund External Source of Fund Government Budget Pure BOT PPP G2G Mixed G2G + PPP 3. The Chinese “project of the century” — the Belt and Road Initiative (BRI), which is a transcontinental network of roads, railways and ports, covering dams, mines and pipelines is causing major environmental deterioration in Myanmar. Yangon govt seeks parliament approval for K8B road project . May 27, 2020 by Thiha. YANGON—The Myanmar government recently agreed to begin work on key projects under the China-Myanmar Economic Corridor (CMEC) agreement which is part of Chinese’s ambitious Belt and Road Initiative. The ICG noted that President Xi … At the Second Belt and Road Forum in Beijing in April, China agreed to provide a one billion yuan (US$144 million) grant to the Myanmar government for improving livelihoods, conducting feasibility studies for major projects, and delivering humanitarian assistance for the tens of thousands of people in northern Myanmar internally displaced by civil war. Once complete, the project will open a second road link between India and Myanmar. There are two types of toll roads in Myanmar: BOT roads and “auction roads”. The four-lane expressway is proposed to be implemented on an elevated viaduct above existing roadways to connect Yangon's CBD in the south with the Yangon … 1052 0 obj <>stream Long Distance Transport Modal Share in Myanmar 51% 44% 3%2% 2009 86% 10% 2%2% 2013 Road Rail River Air 61% 14% 25% 90% 5% 5% Road Rail River r Freight Source: ADB. Next Singapore Agency to Help Myanmar Find Partners for Key Infrastructure Projects. Credible infrastructure projects will result in greater investor interest, paving the way for more sophisticated and varied sources of infrastructure financing. Nilar . Some towns are also re… AuQ˫��*/�Z�&���C����w�c��j�����tl'�+a�y�������$\{����f���n��[�����t����6��)>�&{~V��j�t��. Theoretically, Myanmar should be a priority country in China’s Belt and Road Initiative, given its unique location. (P) Project for Enhancing Capacity of Weather Observation and Forecasting in Myanmar /2019.6- 2022.5 (P) The Project for Capacity Development of Road and Bridge Operation and Maintenance Project Implementation Models 6. Transport authorities will announce the tender winners for Yangon Elevated Expressway and Yangon Outer Ring Road projects this coming October and the construction processes will begin next year, said Kyi Zaw Myint, Deputy Director General from Ministry of Construction. Access Myanmar’s economy facts, statistics, project information, development research from experts and latest news. 9 AH 1 (Myawaddy … YANGON—Chinese President Xi Jinping expressed hope that Myanmar will speed up cooperation with China to implement its ambitious infrastructure projects in the country during a recent call with Myanmar President U Win Myint. Bituminous - 17184.8 km. 313, Pyay Road Project : Myanmar Seelone : No-313, Pyay Road and North Kyun Taw Street, Sanchaung Township. 5. The project is one of the jewels in China's Belt and Road Initiative, which aims to connect Asia, the Middle East, Africa and Europe with infrastructure. The significance of the ambitious project both to the belt and road plan and to China was indisputable, said Kaho Yu, a senior Asia risk analyst at Verisk Maplecroft. 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