Myanmar elevated expressway project

Discussions are being held in Myanmar with regard to the country’s Elevated Expressway Project. The Myanmar Government has been in talks with the International Finance Corporation (IFC). The project is expected to cost US$400 million, with work due to commence in 2019 and likely to require 24-36 months to complete. Building the 24km expressway will improve transport between the north and south of Yangon City. The project will be carried out under the PPP model, with IFC advising on the work.
September 21, 2018 Read time: 1 min

Discussions are being held in Myanmar with regard to the country’s Elevated Expressway Project. The Myanmar Government has been in talks with the International Finance Corporation (IFC). The project is expected to cost US$400 million, with work due to commence in 2019 and likely to require 24-36 months to complete. Building the 24km expressway will improve transport between the north and south of Yangon City. The project will be carried out under the PPP model, with IFC advising on the work.

Finance & Funding

Related Content

  • A key expressway project is due in Nepal
    July 26, 2012
    The Nepalese Government plans to open a key expressway project to tender. The Ministry of Physical Planning works and Transport Management is inviting bidders to show their interest in the construction of the Kathmandu-Nijgadh-Pathlaiya Terai/Madesh Expressway project. This new road link is intended to be offered under a PPP/BOT model. The 76km expressway is expected to cost US$853 million to construct. A feasibility study has been carried out and the expressway will be designed to meet the Class – A Catego
    Read More
  • Kenyan key contract being built by Bechtel
    August 9, 2017
    Bechtel has won a major project to build and important highway link in Kenya. This will be the first long stretch of high-speed expressway in Kenya and will connect the capital, Nairobi, with the country’s main port, Mombasa. The project for the 473km connection is being supported with financing from US and UK sources. Once the new route is open to traffic, journeys between Nairobi will take just four hours by road, instead of 10 at present.
    Read More
  • Serbia road project, funding secured
    February 19, 2019
    Construction of the 77km-long Merdare-Nis highway in Serbia is to benefit from external financing. A funding package worth €100 million is being supplied by the European Investment Bank (EIB) for the project. The funding will pay for work on a stretch of the route between Plocnik and Nis in southern Serbia. The highway will improve transport connections with neighbouring Kosovo when it is complete. This project forms part of a series of road building operations in the region, with extensive work having been
    Read More
  • Philippines planning series of highway projects
    August 10, 2017
    A series of major highway projects are now being planned in the Philippines. The largest of this most recent set of highway projects to be announced is for the US$1.24 billion NLEx-Cavitex Port Expressway Link put forward. Measuring 15km the route would be constructed featuring four lanes. This proposed link would connect the Cavite Expressway and North Luzon Expressway in Metro Manila. The proposal for the project has been made by Manila North Tollways, a subsidiary of Metro Pacific Investments.
    Read More

Highlighted Content