Work on Yangon Elevated Expressway to Begin Next Year, Says Minister
Work on Yangon Elevated Expressway to Begin Next Year, Says Minister
The Irrawaddy, 30 Jul 2018
URL: https://www.irrawaddy.com/news/burma/work-yangon-elevated-expressway-begin-next-year-says-minister.html
Naypyitaw—Construction of the Yangon Elevated Expressway project will begin next year and should be completed within three years, Deputy Construction Minister U Kyaw Lin said on Monday.Fifty-three companies from 12 countries including Myanmar have expressed interest in the project. The ministry will invite requests for proposals in December and the later select the tender winner.
Though the Construction Ministry said it would not use state funds to build the elevated road, it is likely it will have to take out international loans to fulfill its obligations to the project as it is a public-private partnership, said Lower House lawmaker U Aung Hline Win of Mingalardon Township.
“Usually, an elevated expressway costs around US$10 million, or around 14 billion kyats, per mile. It is such a huge amount, and it is not easy,” said U Aung Hline Win.
When complete, the 47.5 kilometer-long elevated expressway will connect downtown Yangon, Yangon Port, Yangon International Airport, Mingalardon Industrial Zone and Yangon-Mandalay Highway.
Though the Construction Ministry said it would not use state funds to build the elevated road, it is likely it will have to take out international loans to fulfill its obligations to the project as it is a public-private partnership, said Lower House lawmaker U Aung Hline Win of Mingalardon Township.
“Usually, an elevated expressway costs around US$10 million, or around 14 billion kyats, per mile. It is such a huge amount, and it is not easy,” said U Aung Hline Win.
When complete, the 47.5 kilometer-long elevated expressway will connect downtown Yangon, Yangon Port, Yangon International Airport, Mingalardon Industrial Zone and Yangon-Mandalay Highway.