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

  • Road projects in the Philippines will benefit from Japanese funding
    June 13, 2019
    Road works in the Philippines will benefit from funding being provided by Japan.
    Read More
  • Vietnamese highway in two stages
    February 24, 2012
    Vietnam's Bien Hoa-Vung Tau expressway project will now be handled in two separate stages.
    Read More
  • US$9bn needed for Greater Mekong Subregion roads and other development
    January 23, 2013
    A further US$ 9 billion is required to complete the development of the Greater Mekong Subregion (GMS), according to the National Economic and Social Development Board of Thailand. The new investment will cover development of roads, special economic zones, border towns, ports and facilities at important checkpoints in the GMS’s six states of Cambodia, Laos, Myanmar, Thailand, Vietnam, and the Yunnan Province of China. The North-South Economic Corridor's transport network will, it’s reported, be confirmed onc
    Read More
  • Funding for Rwanda roads rebuild
    July 18, 2016
    Foreign funding will help pay for key road rebuilding work in Rwanda. Loans worth US$162.4 million are being provided by the African Development Bank (AfDB) and the Japan International Cooperation Agency (JICA), with a $22 million development grant also coming from the EU. These financial sources will help pay for work to improve the 92km long link connecting Kayonza with Rusumo as well as the 116km road between Kagitumba and Kayonza. These road links are of importance as they help connect Rwanda to its nei
    Read More

Highlighted Content