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

  • Head of San Miguel moots a Philippines bridge project in Boracay
    June 8, 2016
    The president of infrastructure group San Miguel has mooted that a 2km toll bridge be built to connect the small island holiday resort of Boracay with the Larger Panay Island. Boracay - just over 10km2 - is an increasingly popular international tourist destination around 315km south of the Philippine capital Manila and 2km off the northwest tip of Panay in Western Visayas island group. The island is blessed with exceptionally white sand beaches and is administered by the Philippine Tourism Authority and
    Read More
  • Mersey Gateway: Consortia Talks
    April 4, 2012
    The competitive dialogue phase of the Mersey Gateway Project has begun. The project team are said to have held initial meetings with the three shortlisted bidding consortia, and will be working closely with each of them over the coming months. The aim is for each of the three bidders to submit their detailed proposals by the end of 2012, with an announcement about a preferred bidder likely to come in spring 2013. The value of the construction phase of the project, including land, is estimated at US$961milli
    Read More
  • Hungary highway being built
    January 19, 2017
    Hungary’s M44 dual carriageway project looks set to be further extended by around 61.4km. Plans are being set for the construction of an additional three sections of the route, with the work looking to cost in excess of €471 million. The three sections will be constructed between the towns of Tiszakurt and Kondoros and as the latter lies close the border with Romania, this work will improve Hungary’s road links to its neighbour. The Hungarian contractors Duna Aszfalt and Hodut will build two stretches of th
    Read More
  • Cost increases for major Chilean highway project
    November 15, 2013
    The cost of Chile’s Vespucio Oriente highway project is increasing, while its completion also looks set to be delayed. A 13% budget increase is now required due to additional costs from a number of factors such as urban landscaping, according to Business News Americas. The Américo Vespucio Oriente (AVO) expressway is being built in Chilean capital Santiago and was originally expected to cost in the region of US$940 million. However Chile’s Public Works Ministry, MOP, has said that the route will now cost so
    Read More

Highlighted Content