Myanmar elevated expressway project

Discussions are being held in Myanmar with regard to the country’s Elevated Expressway Project. The Myanmar Government has been in talks with the International Finance Corporation (IFC). The project is expected to cost US$400 million, with work due to commence in 2019 and likely to require 24-36 months to complete. Building the 24km expressway will improve transport between the north and south of Yangon City. The project will be carried out under the PPP model, with IFC advising on the work.
September 21, 2018 Read time: 1 min

Discussions are being held in Myanmar with regard to the country’s Elevated Expressway Project. The Myanmar Government has been in talks with the International Finance Corporation (IFC). The project is expected to cost US$400 million, with work due to commence in 2019 and likely to require 24-36 months to complete. Building the 24km expressway will improve transport between the north and south of Yangon City. The project will be carried out under the PPP model, with IFC advising on the work.

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Myanmar elevated expressway project progress

Interest is strong in the project to build the Yangon Elevated Expressway Project in Myanmar. In all 12 firms applied during the tender process, with 10 companies having subsequently been shortlisted by Myanmar’s Construction Ministry. The project aims to reduce Yangon’s chronic traffic congestion issues. The shortlisted firms include companies from China, France, Japan, South Korea and Thailand, with some working together in consortia. The project is being managed jointly by the Construction Ministry and t
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