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Policy

Myanmar to invite private companies to build pedestrian overpasses in Yangon

June 22, 2017


Abstract : The Yangon municipal authorities will invite private companies to build pedestrian overpasses in the former capital city this fiscal year, official media reported Thursday.

YANGON, June 22 (Xinhua) -- The Yangon municipal authorities will invite private companies to build pedestrian overpasses in the former capital city this fiscal year, official media reported Thursday.

Previously, overpass bridges were constructed by the Yangon City Development Committee (YCDC), but starting this year such projects will be transferred to private entrepreneurs through tender process.

The YCDC is seeking permission from the parliament to implement two more pedestrian overpass projects in crowded areas in Thingangyun and Dawbon townships.

Previously, the YCDC had built 12 such overpass bridges in various crowded areas in Yangon.

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Keyword: Myanmar policy Private-investment

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