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MoT – Yangon Urban Expressway – Myanmar - Project Profile

MoT – Yangon Urban Expressway – Myanmar - Project Profile

Synopsis

"MoT – Yangon Urban Expressway – Myanmar - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.

The "MoT – Yangon Urban Expressway – Myanmar - Project Profile" is part of Timetric's database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.

Summary

Ministry of Transport, Myanmar (MoT) through its subsidiary Department of Civil Aviation(DCA) and with Ministry of Construction is planning to develop an expressway between Yangon and Bago in Myanmar.

The project involves the construction of a four lane 20.5km expressway. It will be developed in two phases.

The first phase of the project is 20.5 kilometers long. It will start from Bogyoke Aung San road at Yay Kyaw junction and will end at Mingaladon Industrial city. It is expected to cost US$620 million.

The townships to be connected along the expressway are Pazundaung, Mingala Taungnyunt, South Okkalarpa, North Okkalarpa and Mingaladon Industrial Park.

The second phase is expected to reach Hantharwaddy Airport in Bago Township.

Korea Expressway Corporation is participating as an operator, Yooshin Engineering Corporation as study consultant

A detailed study focussing for YUEX, “Data Collection Survey on Yangon Urban Expressway (YUEX)”, was commenced from the end of July 2014 to prepare the basic information for the next step of the study such as Feasibility Study, which was submitted to the Government in January 2015.

The proposed survey has been conducted by Almec Corporation, Oriental Consultants co Ltd, and Nippon Koei Co., Ltd for JICA in collaboration with the Yangon Government.

The project will be developed under the term public private partnership (PPP) project. The Government of Myanmar will contribute 20% of total project cost via an official development assistance low-interest loan.

LOTTE Engineering & Construction Co., Ltd (Lotte), Halla Corporation (Halla) forming a joint venture partnership with Capital Diamond Star Group (CDSG) submitted a conceptual proposal to the Ministry of Construction in the fourth quarter of 2015.

On January 11, 2018, International Finance Corporation (IFC) were appointed as a lead advisor for the project.

Construction contractor will be appointed in 2019.

Planning activities are underway.

Scope

The project involves the construction of a four-lane 20.5km expressway from Yangon to Bago in Myanmar.

The US$400 million includes the following:

1. Construction of toll roads

2. Construction of pedestrian ways

3. Construction of road dividers

4. Construction of side walls

5. Installation of traffic signals

6. Installation of safety and lighting systems

Reasons To Buy

  • Gain insight into the project.
  • Monitor the latest project developments.
  • Identify key project contacts.


1.Key Statistics
2.Key Dates
3.Sector
4.Operating metrics
5.Tender Information
6.Scope
7.Description
8.Latest update
9.Background
10.Key Contacts
11.General News, Project News
12.Appendix

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