A major construction programme worth a total of US$2.5 billion is planned for Myanmar. The plans calls for the construction of some 54km of flyovers to be built in the city of Yangon, the country’s former capital. The Yangon City Development Committee (YCDC) has stated that the tender process for the project will be open to local and overseas companies. Private investment in the project is expected, with the tender due in the 2015-2016 financial year. Yangon is Myanmar’s largest city with an estimated popul
A major construction programme worth a total of US$2.5 billion is planned for Myanmar. The plans calls for the construction of some 54km of flyovers to be built in the city of Yangon, the country’s former capital. The Yangon City Development Committee (YCDC) has stated that the tender process for the project will be open to local and overseas companies. Private investment in the project is expected, with the tender due in the 2015-2016 financial year. Yangon is Myanmar’s largest city with an estimated population of over five million, although it lost its status as capital in 2005 to the city of Naypyidaw. Following the country’s improving political situation, there has been major economic development in Myanmar and in Yangon in particular, with a series of construction projects now moving ahead.
