Myanmar highway project proposal put forward

Plans are moving forward in Myanmar for the construction of a new highway link. A consortium made up of Halla Corp and Lotte E&C of South Korea and Capital Diamond Star Group (CDSG) of Myanmar is offering a proposal to build a 20.5km highway. This four-lane highway would connect Yangon and Bago and be constructed on a public-private-partnership basis. Drivers would have to pay a toll charge of US$1 each at three toll collection points. Phase I of the Yangon Urban Expressway project will cost US$620 million
November 6, 2015 Read time: 1 min
Plans are moving forward in Myanmar for the construction of a new highway link. A consortium made up of Halla Corp and Lotte E&C of South Korea and Capital Diamond Star Group (CDSG) of Myanmar is offering a proposal to build a 20.5km highway. This four-lane highway would connect Yangon and Bago and be constructed on a public-private-partnership basis. Drivers would have to pay a toll charge of US$1 each at three toll collection points. Phase I of the Yangon Urban Expressway project will cost US$620 million and the construction work is expected to take just under five years.
Road Structures Finance & Funding

Related Content

April 6, 2018

Bridges and roads part of Myanmar’s New Yangon development

At least two bridges and dozens of kilometres of roads are part of phase one of an ambitious Myanmar plan to build a new city. Other infrastructure projects are an industrial zone, a power plant and water and sewage treatment plants, according to the newly created overseeing body, New Yangon Development Corporation - NYDC. The new city will cover around 30,000 acres on the west side of the Yangon River, including land in Kyimyindaing, Seikgyikanaungto and Twante townships. Much of the work to create the
February 17, 2012

Major Indian highway projects

Planning is underway in India on key highway projects in the states of Gujarat and Rajasthan as well as a new link to connect the latter to capital Delhi.
February 12, 2018

Kazakhstan highway being handled by consortium

An international consortium has been formed that will handle a major highway project in Kazakhstan. Worth US$730 million, the consortium’s contract is to build and operate a new tolled ring road around the capital, Almaty. The construction consortium comprises the Turkish contractors Alarko and Makyol, SK Engineering & Construction and Korea Expressway. The funding package for the project meanwhile is being provided jointly by the International Finance Corp and European Bank for Reconstruction and
boombox1

Highlighted Content

boombox2