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

  • Mozambique bridge due to open
    May 11, 2018
    Mozambique’s Maputo-Catembe Bridge is due to open shortly and will become Africa’s longest suspension bridge. The 3km bridge will form part of the road connection between Maputo, Mozambique’s capital, and Catembe. The bridge is costing over US$700 million, with much of the necessary funding being provided by the Export Import Bank of China. The new bridge will improve transport and reduce journey times for drivers, who currently have to rely on ferries travelling between Maputo and Catembe.
    Read More
  • New road to connect Manila’s airport in the Philippines
    May 15, 2013
    Plans are in hand in the Philippines to build a new road linking the international airport of capital Manila to the city and to other surrounding highways. The contract for the project was awarded to Optimal Infrastructure Development Inc (OIDI), a subsidiary of local firm San Miguel Corp (SMC). The company will build the new Ninoy Aquino International Airport (NAIA) Expressway in a deal worth some US$387.25 million for the Department of Public Works and Highways. OIDI will carry out the work under the PPP
    Read More
  • Romanian road issues
    March 5, 2012
    Political controversy is looming with the revelation that Romania's National Road Company (CNADNR) has spent some €1.5 billion on upgrading 2,800 km of roads since 2004.
    Read More
  • Myanmar’s US$900mn Japanese loans for roads and other projects
    August 15, 2013
    Japan is to provide Official Development Assistance (ODA) loans worth more than US$900 million for road and other development projects in Myanmar. The multi-million dollar loan will be used for renovation and basic infrastructure in Yangon and for the Thilawa Special Economic Zone, said an official from Japan International Cooperation Agency (JICA). Currently, JICA is working on a master plan to develop Yangon, including more than 70 programmes that include renovation of the city's public transportation sys
    Read More

Highlighted Content