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

  • Progress delayed on Kenya's vital highway link
    February 16, 2012
    Kenya is investing in road developments , reports Shem Oirere. A multi-million dollar highway expansion project in Kenya's capital Nairobi may now be delayed for close to a year because of a huge underground network of water, electricity and communication pipes and cables that has slowed down construction works.
    Read More
  • Myanmar order for Terex Trucks
    December 10, 2015
    The machines were ordered in two separate consignments, for nine units and with a further order for 10 more trucks made shortly afterwards. The 19 trucks are to meet anticipated demand in Myanmar, where LHM has been the official Terex Trucks dealer since 2013. LHM’s affiliated company, Aung Hein Min (AHM), based in Yangon, provides sales, marketing and service solutions for Terex Trucks customers. The 19 TR100 rigid dump trucks will be used for jade extraction in Myanmar, transporting earth, rock and jade.
    Read More
  • Projects planned for Nepalese highway network
    January 9, 2014
    A series of major trade routes are being upgraded in Nepal, which are intended to help boost bilateral trade with neighbouring India and China. This will see four key trade routes being upgraded to six lanes. These are the; Butwal-Belhiya, Rani-Ithari, Surybinayak-Dhulikhel and Birgunj-Pathalaiya highway sections. Work is already underway on the Butwal-Belihiya and Rani-Ithari highway sections while work is also being planned for the Suryabinayak-Dhulikhel and Birgunj-Pathalaiya highways. Of the 24km stretc
    Read More
  • New highway bridge for the Philippines
    October 20, 2022
    A new highway bridge link is planned for the Philippines.
    Read More

Highlighted Content