Skip to main content

Myanmar project deal

Work on the Myanmar section of the Stilwell Road will be carried out by Chinese contractor Yunnan Construction Engineering Group (YCEG). The deal is worth some US$498 million and the project is for a 375km stretch of highway. YCEG will carry out the project in partnership with the Yuzana Group. The deal is of note as it will improve Myanmar's international links with its neighbours.
March 6, 2012 Read time: 1 min
Work on the Myanmar section of the Stilwell Road will be carried out by Chinese contractor 3656 Yunnan Construction Engineering Group (YCEG). The deal is worth some US$498 million and the project is for a 375km stretch of highway. YCEG will carry out the project in partnership with the Yuzana Group. The deal is of note as it will improve Myanmar's international links with its neighbours.

For more information on companies in this article

Related Content

  • Colombian highway projects under development
    June 29, 2018
    A finance package has been secured in Colombia for the Autopista al Mar 1 highway project. A loan worth close to US$206 million is being provided by the national development bank, Financiera de Desarrollo Nacional (FDN). The highway forms part of Colombia’s 4G infrastructure development plan and the finance package will be provided in three separate tranches. The construction work is being carried out by a consortium comprising Strabag, Concay and Sacyr Concesiones. The project will upgrade the 71km
  • Ethiopia announces three road projects worth over $240 million
    April 17, 2015
    In Ethiopia, three road projects worth over US$240 million will be built as part of the country's fourth road sector development plan. The government will fund the projects using its own resources. The first project is the 83km Sodo-Tercha asphalt-concrete project, costing around $84 million and to be built by China Railway Seventh Group. Completion is scheduled for 19 months. The second project, worth $102 million is the 99km Bilbela-Sekota road project, scheduled to take 39 months and to be built
  • Progress is being made with Serbia’s Corridor 11 highway project
    October 8, 2012
    Work is underway in Serbia for the Corridor 11 highway project and a number of local firms are now carrying out construction work on the Corridor 11 section from Ub to Lajkovac. Meanwhile Azvirt from Azerbaijan is preparing the Ljig to Preljina stretch of the highway, with the €300 million work being financed by Azerbaijan. The Serbian Government is asking China’s Exim Bank for a long term loan of €850 million, of which €300 million would be for the Corridor 11 project and €550 million would be for the Mora
  • Nepal plans road infrastructure expansion
    March 12, 2014
    Major road expansion is planned for Nepal, but will face huge challenges due to the country’s geography - Mike Woof reports, with local information from World Highways' Nepal correspondent, Ram Krishna Wagle The tiny, landlocked nation of Nepal lies sandwiched between two of the world’s largest countries, China and India and maintains good relations with both. Politically Nepal has strong links with China, while culturally its ties are close with India and these relationships work both ways. Despite bein