Myanmar’s US$900mn Japanese loans for roads and other projects

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
August 15, 2013 Read time: 1 min
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 2416 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 system. Of the total loan, $380 million will be allocated for the Thilawa special economic zone project, which covers the construction of roads, bridges, drinking waters and electric power generation.
Road Structures

For more information on companies in this article

Related Content

  • Bridges and roads part of Myanmar’s New Yangon development
    April 6, 2018
    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
    Read More
  • Myanmar planning overpass projects
    September 11, 2015
    Overpass projects are being planned for Myanmar to help cut traffic congestion in key areas around the country’s commercial centre, Yangon. One project proposal has been submitted by Japan International Cooperation Agency (JICA). This will see the development of elevated roads on the Wai Zayandar Road. The cost of constructing the elevated roads has been estimated at some US$2 billion. The project looks likely to be carried out under build-operate-transfer model.
    Read More
  • Kazakhstan roads benefiting from Japanese loan
    May 28, 2012
    A major loan from Japan will help develop the road transport network in Kazakhstan. The Japanese government will provide a loan to the Republic of Kazakhstan worth US$76 million. The sum will be used to develop the country's road infrastructure and will boost Kazakhstan's access to European and Asian markets. The loan will allow a new bypass to be built on one of the country's main transport arteries in the southern Zhambyl province, as well as the rehabilitation of other existing routes.
    Read More
  • India's massive highway programme continues
    February 14, 2012
    India's Government is continuing with its huge highway investment programme, with the Indian Road, Transport and Highways Ministry planning to announce US$15.66 billion worth of contracts in the 2011-2012 period.
    Read More

Highlighted Content