Myanmar bridge funding sourced from Japan

Funding has been secured from Japan to help pay for construction of the Thanlyin Bridge No 3 project in Myanmar. A loan worth US$282.5 million is being provided by the Japan International Cooperation Agency (JICA). Construction is due to start in March 2019 and should take until 2023 to complete. The new bridge will form part of Asia’s new East-West Economic Corridor.
January 3, 2019 Read time: 1 min
Funding has been secured from Japan to help pay for construction of the Thanlyin Bridge No 3 project in Myanmar. A loan worth US$282.5 million is being provided by the Japan International Cooperation Agency (JICA). Construction is due to start in March 2019 and should take until 2023 to complete. The new bridge will form part of Asia’s new East-West Economic Corridor.
Finance & Funding

Related Content

  • Nicaragua projects receive Japanese funding
    August 9, 2017
    Japanese financing will help pay for new bridges in Nicaragua. The funding package is worth nearly US$43 million and is being provided by the Japan International Cooperation Agency (JICA). The four bridge will be constructed on the road that connects Rio Blanco and Siuna in Nicaragua’s North Caribbean Coast Autonomous Region (RACCN). The agreement has been settled between JICA and the Nicaraguan Government. The new bridges will help improve connections between the Pacific Coast Coast and the Caribbean Coast
    Read More
  • Myanmar bridge project moving forward
    December 12, 2016
    Plans are well underway in Myanmar for a new bridge connecting Thanlyin and Yangon. The project is expected to be complete by 2022 and is expected to cost US$302 million. The link will be tolled and will carry an estimated 5,000 vehicles/day when it opens to traffic. A loan facility from Japan is expected to pay for the majority of the project. An international contractor will carry out the main portion of the project, although sub-contracting will be carried out by local firms.
    Read More
  • Tajikistan road project funding package
    June 18, 2018
    Funding is being secured for a road rebuild and widening project in Tajikistan. The 82km road runs between Dushanbe and Bokhtar and the work should be complete by 2023. The Chinese contractor Xinjiang Beixin is working on phase 1 of the project, building a 33km stretch of the route that is costing US$96 million. Phase 2 of the project is for a 40km section of the route, with construction due to start in the second half of 2018. The phase 2 construction work will be financed by $90 million of funding being s
    Read More
  • Funding for Rwanda roads rebuild
    July 18, 2016
    Foreign funding will help pay for key road rebuilding work in Rwanda. Loans worth US$162.4 million are being provided by the African Development Bank (AfDB) and the Japan International Cooperation Agency (JICA), with a $22 million development grant also coming from the EU. These financial sources will help pay for work to improve the 92km long link connecting Kayonza with Rusumo as well as the 116km road between Kagitumba and Kayonza. These road links are of importance as they help connect Rwanda to its nei
    Read More

Highlighted Content