Myanmar roads and bridges improvement budget set

Myanmar’s Ministry of Construction in Myanmar has set a budget for road and bridge improvement works for the April 2018-September 2018 period. US$181.5 million will be spent improving transport infrastructure in this period. Five road upgrade projects and 41 bridge improvement works are being planned. So far improvements are being carried out to three road links and 17 bridges.
February 1, 2018 Read time: 1 min

Myanmar’s Ministry of Construction in Myanmar has set a budget for road and bridge improvement works for the April 2018-September 2018 period. US$181.5 million will be spent improving transport infrastructure in this period. Five road upgrade projects and 41 bridge improvement works are being planned. So far improvements are being carried out to three road links and 17 bridges.

Finance & Funding

Related Content

  • Myanmar expressway project due to commence
    November 16, 2020
    A major Myanmar expressway project is due to commence.
    Read More
  • Algeria road maintenance budget set
    December 17, 2014
    Algeria has set a new 2015 road maintenance and upgrade budget for its highway network. The Ministry for Public Works announced it is setting aside close to US$347 million for maintenance work on the country's highways during 2015. The network is now 32,000km long, following a series of projects in recent years. The budget will include the updating of traffic signalling technologies.
    Read More
  • Cost reductions on Russian highways
    July 12, 2012
    Major cost reductions are being seen on some key highway projects in Russia including the new ring road project in St Petersburg, where the reduction is US$192.31 million. The management of the ring road in St Petersburg has signed an agreement with the main contractors (Flora, the corporation Inzhtransstroy) to cut costs by 12-17.6% in 2009-2010. The 12% reduction is equivalent to US$32.05 million and will apply to contractors that are to complete facilities in 2009. Meanwhile the 17.6% cut is for work pla
    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

Highlighted Content