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

  • Elevated expressway planned for Myanmar
    July 28, 2020
    An elevated expressway link is planned for Myanmar.
    Read More
  • A bridge of hope?
    July 18, 2012
    As Russia prepares for a major Asia Pacific conference in nearly four years' time, the economic climate is felt in other countries in the region. Patrick Smith reports AUS$1 billion-plus suspension bridge is to be built to link the city of Vladivostok in the far east of Russia and Russky Island. Russia's President Dmitry Medvedev has signed an instruction for construction of the 3,150m long bridge, which is intended to provide access to the 24th Asia Pacific Economic Cooperation (APEC) summit, to be held o
    Read More
  • Plans for infrastructure projects in South East Asia
    March 10, 2016
    Plans are being made for a series of major infrastructure projects in Myanmar and neighbouring Thailand in a bid to boost the transport network. To capitalise on the market potential, a consortium is being set up between Italian-Thai Development (ITD) and Chinese firms, including state-owned China Railway Engineering (CREC) and King Trillion. This partnership will invest in new infrastructure projects in Myanmar’s Dawei Special Economic Zone (DSEZ). The consortium plans to invest over US$396 million in cons
    Read More
  • Increasing importance of alternate truck routes
    February 14, 2012
    The fabled Silk Route from China to Europe takes many forms, and is again becoming increasingly important as Patrick Smithreports The ancient Silk Road was never a single caravan route, but covered hundreds of kilometres in width extending in length for around 10,000km. This is the view of the European International Road Transport Union (IRU), and many other countries and organisations, who point out that it is a system of routes covering many countries via a series of branch roads that dates back some 2
    Read More

Highlighted Content