Regional government wanted funds earmarked in fiscal 2019-20 budget for new police HQ, courthouse and Coco Island ferry.
Planning and Finance Ministry official says all deals will allow for international financing and open bidding, among other guarantees.
Workers withdrawn from some projects following clashes with AA, abductions
Infrastructure builder Adani Myanmar has been granted permission from the MIC to begin the first of two phases of construction on a $290 million port in Yangon.
Formal talks on the 873 km rail line project began in 2014 but have been delayed due to disagreements over design, financing and technical assistance.
Government urged to strengthen legal protections and enhance transparency before committing to further China-backed projects
At opening of Myawaddy-Mae Sot bridge, State Counselor hails close ties and vows to continue working to boost connectivity with Thailand
The outer circular road will be constructed first in four phases and will connect Yangon’s major industrial zones with the nearby airport, highway and port.
The Irrawaddy takes a critical look at the major infrastructure projects which are part of China’s BRI efforts in Myanmar due to get underway this year.
China Railway Eryuan Engineering pitches 38km rail project, which the company would fund, to Yangon regional lawmakers
High-speed rail line will eventually reach Kunming, China as part of Beijing’s Belt and Road Initiative
Four Chinese companies, consortiums between Myanmar, China, Japan and Thailand and French, Korean and Japanese companies are contenders for the first phase of the project.
As China and Japan vie for influence in the Mekong subregion, Myanmar will need to be stable, peaceful and well managed if it is to extract the maximum benefit, a Japanese expert s
Details of huge industrial park and port project remain vague, NGOs say
Improved road expected to speed construction of mega-seaport project, as well as boost development in Tanintharyi Region.