Myanmar highway project proposal put forward

Plans are moving forward in Myanmar for the construction of a new highway link. A consortium made up of Halla Corp and Lotte E&C of South Korea and Capital Diamond Star Group (CDSG) of Myanmar is offering a proposal to build a 20.5km highway. This four-lane highway would connect Yangon and Bago and be constructed on a public-private-partnership basis. Drivers would have to pay a toll charge of US$1 each at three toll collection points. Phase I of the Yangon Urban Expressway project will cost US$620 million
November 6, 2015 Read time: 1 min
Plans are moving forward in Myanmar for the construction of a new highway link. A consortium made up of Halla Corp and Lotte E&C of South Korea and Capital Diamond Star Group (CDSG) of Myanmar is offering a proposal to build a 20.5km highway. This four-lane highway would connect Yangon and Bago and be constructed on a public-private-partnership basis. Drivers would have to pay a toll charge of US$1 each at three toll collection points. Phase I of the Yangon Urban Expressway project will cost US$620 million and the construction work is expected to take just under five years.
Road Structures Finance & Funding

Related Content

  • Slovakia: D4/R7 Bratislava bypass work to start early this year
    January 10, 2017
    Construction will start early this year on 59km of highway as part of the D4/R7 bypass of the Slovakian capital Bratislava. Ferrovial through its subsidiaries Cintra Infraestructuras and Ferrovial Agroman is leading the consortium on the public-private partnerships deal worth around €1.9 billion, according to media reports. Ferrovial reached financial close on the project in June, noting that their investment would be around €975 million. The first stage of the design, build, financing, operate and ma
    Read More
  • Kenya develops annuity road funding model
    May 8, 2015
    Kenya is introducing novel methods for funding its necessary road infrastructure development - Shem Oirere writes. Kenya has unveiled a new financing model for road construction and reviewed its design standards and construction methodologies, which forms part of a new strategy for the East African country. Under this new plan Kenya is planning to upgrade 10,000km of road, with these links featuring asphalt surfacing; the work being carried out over the next five years at a cost of US$2.8 billion. Despite t
    Read More
  • Philippines launches tender for 59.4km TPLEx Expressway extension
    November 23, 2023
    The Philippines is launching the tender for the 59.4km TPLEx Expressway extension project.
    Read More
  • New highway projects planned for Malaysia
    December 13, 2013
    Major highway projects are being planned for Malaysia, to boost transport connectivity. A new toll road has been proposed in Negri Sembilan's Senawang, to connect the Kajang-Seremban Expressway (Lekas) with the North South Expressway (NSE). This has been put forward by the North South Expressway (NSE) operator, PLUS Expressway. The planned toll road would be shorter than the Lekas-NSE stretch by some 3-5km and would cut journey times by bypassing 11 traffic lights between Lekas and the NSE. The aim of the p
    Read More

Highlighted Content