four-lane flyover will be built between Yangon downtown, Yangon Port, Yangon
Airport, Mingaladon Industrial Zone, and Yangon-Mandalay highway according to
statement released by the Highways Department, Ministry of Construction.
project will be implemented by means of a Public-Private Partnership (PPP)
with the Yangon Region government and the relevant ministry. PPP tender will be
for part-by-part work on the project and the tender-winning investor will be
international competitive tender with the assistance of International Finance
a member of the World Bank, at the end of the year.
EOIs have been invited for those in Myanmar and abroad according to the PPP
agreement and a deadline of June 29 stands.
the PPP-based project, critical comments are spreading among the Yangon
Ko Kyaw Naing, a member of staff in a local company, said people remain
wait and see if the project would truly be implemented. If the project comes to
it would be best but as the Yangon resident said, “The project is possible but
quite a large budget.