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

  • Oman’s new Batinah highway moving forward
    September 13, 2013
    Plans are moving forward in Oman for its Batinah highway project. The new route is planned for the north of Oman and Phase 5 of the project will be constructed by a consortium of contractors led by Spanish company Ferrovial. This deal is worth some US$344.6 million. Ferrovial’s partners are Local company Federici Stirling Batco Bot Construction and Lebanese firm Batco. The contract is for a the construction of a 41km section of highway linking Liwa with Sohar and this also includes building three bridges, t
    Read More
  • Deal struck for Poland's A2 highway
    February 27, 2012
    Work on two sections of Poland's A2 highway originally planned to be built by the Chinese COVEC will now be constructed by two consortia.
    Read More
  • Chile’s new urban highway link
    May 2, 2022
    Nestling in a valley beside the Andes mountain range, Santiago has a growing population and has suffered from increasingly heavy congestion in recent years, requiring a new urban road link for which safety has been set as a priority for drivers - *iRAP reports
    Read More
  • Norway’s long tunnel looks set to beat records
    September 19, 2016
    Norway looks set to retain its position as a leader in tunnelling with the project moving forward to build a new link connecting the city of Stavanger with Bokn. This 27km road tunnel is being designed to carry four lanes of traffic, which would make it the world’s longest underwater road tunnel. It will also be the world’s longest four lane tunnel as well as the world’s deepest road tunnel, dropping around 385-390m below sea level. The Rogaland Fixed Link will form part of the E39 route, connecting Kristia
    Read More

Highlighted Content