Yangon elevated expressway project phase (1) estimated to cost about... $800 million The 27.5-kilometer-long Yangon elevated expressway project phase (1) is estimated to cost about US$800 million and the preferred bidder will be announced after project proposals have been assessed and approved, according to the Ministry of Construction. Phase one of the project will be 27.5km in length, including a 19km four-lane road and a 2.5 km two-lane road connecting to Yangon International Airport. 0. December 21, 2020. The Yangon Elevated Expressway will be implemented by the Ministry of Construction and Yangon Region Government under a Public Private Partnership with the winning bidder. The 27.5-kilometer-long Yangon elevated expressway project phase (1) is estimated to cost about US$800 million and the preferred bidder will be announced after project proposals have been assessed and approved, according to the Ministry of Construction. Phase one of the Yangon Elevated Expressway Project, which includes construction of the Yangon Elevated Expressway and the Yangon Circular Expressway, will cost around $800 million, according to U Han Zaw, union minister for the Ministry of Construction. The Expressway will not only reduce the traffic jams in Yangon, but also improve living standards and create new business opportunities, said deputy minister Dr.Kyaw Lin. WhatsApp. The phase (1) of elevated expressway project will have a total length of 27.5 kilometre at an estimated cost of US$800 million. Yangon Elevated Expressway (YEX) PPP project Phase 1. The list of selected companies … Proposals for the project were first canvassed in May 2018, and 53 companies expressed interest. Yangon Elevated Expressway project part 1 estimated to cost $800 million. 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To support establishment of the Continuously The Leading Committee for the Yangon Elevated Expressway and Outer Ring Road Project held the fourth meeting on November 18 on the preferred bidder announcement and future tasks. The Ministry of Construction last week announced a March 31 deadline for the Final Request for Proposal (RFP) for Phase One of the Yangon Elevated Expressway, with the selection process slated to kick off in the first week of April. The phase (1) of elevated expressway project will have a total length of 27.5 kilometre at an estimated cost of 800 million USD. According to Myanmar's Ministry of Construction (MOC), the highway project has been designed to alleviate traffic congestion across Yangon and will connect downtown Yangon, Yangon port, Yangon International Airport, The Ministry of Construction will implement the Elevated Expressway construction project at the Inner Ring Road of Yangon City. Thiha Ko Ko 19 Nov 2018 The Ministry of Construction says it has received 12 prequalification applications for the Yangon Elevated Expressway Project (YEX) Phase 1. Part 1 of the Yangon Elevated Expressway project is estimated to cost $800 million, according to U Han Zaw, Union Minister of the Ministry of Construction, at the meeting by Steering Committee on Implementation of Yangon Elevated Expressway and Outer Ring Road. By Chit Chit Oo. Phase one of the Yangon Elevated Expressway Project, which includes construction of the Yangon Elevated Expressway and the Yangon Circular Expressway, will cost around $800 million, according to U Han Zaw, union minister for the Ministry of Construction. The International Finance Corporation (IFC), the member of the World Bank, is working as the consultant group for the project. Qualification assessment proposals were invited in November 2018 and 10 winning companies were announced in December. Along with the Yangon elevated expressway and outer ring road, ports for ocean vessels, dry ports, new towns and an economic corridor road will also be planned, according to the Ministry of Construction. Yangon Elevated Expressway Project . The Ministry of Construction announced the list of ten shortlisted companies, out of 12 that qualified for building Yangon Elevated Expressway Phase 1 project. Twelve consortium groups submitted proposals in November 2018. Plan is under way to implement Yangon Elevated Expressway Project Phase-1 on the east wing under a Public-Private Partnership (PPP) system, according to the Construction Ministry. The 27.5-kilometer-long Yangon elevated expressway project phase (1) is estimated to cost about US$800 million and the preferred bidder will be announced after project proposals have been assessed and approved, according to the Ministry of Construction. The expressway will pass through eight townships including Mingalar Taung Nyunt, Tamwe, Thingangyun, South Okkalapa, North Okkalapa, Mayangone, Mingaladon and Insein. */. 17 February 2020. The phase (1) of elevated expressway project will have a total length of 27.5 kilometre at an estimated cost of US$800 million. Tin Mg Oo : The Ministry of Construction last week announced a March 31 deadline for the Final Request for Proposal (RFP) for Phase One of the Yangon Elevated Expressway, with the selection process slated to … Prequalification applications for the elevated expressway project’s Phase-1 were invited in September. Umeda North Area Re-development Project Source: UR Phase I Phase II 16 Railway Station Area Development. Photo: Aung Khant/The Myanmar TimesYangon Elevated Expressway, phase one to cost $800 million . The bids were submitted by JFEE – Marubeni from Japan, China Communications Construction Company Ltd. (CCCC) from … The International Finance Corporation (IFC), the member of the World Bank, is working as the consultant group for the project. The Ministry of Construction announced the list of ten shortlisted companies, out of 12 that qualified for building Yangon Elevated Expressway Phase 1 project. Sectors Transport. We recommend moving this block and the preceding CSS link to the HEAD of your HTML file. Phase 1 is slated to start in July and will connect Dawbon Bridge in Pazundaung Township with Waizayanda and Thudama roads, the Aung Mingala highway bus terminal and Kayaybin and Lower Mingaladon roads. Location: Yangon, Myanmar Project: Yangon Elevated Expressway PPP Project Main Contractor : IFC International Finance Corporation World Bank Group Scope of Work: June, 2018/ Detail Topographical Survey of … The 27.5-kilometer-long Yangon elevated expressway project phase (1) is estimated to cost about US$800 million and the preferred bidder will be announced after project proposals have been assessed and approved, according to the Ministry of Construction. ရန်ကုန်မိုးပျံအမြန်လမ်းစီမံကိန်းအပိုင်း(၁) Yangon Elevated Expressway (YEX) Phase 1 အကျုံးဝင်သည့်နောက်ဆုံးနေ့(cut Off Date)ကို ထုတ်ပြန်ကြေညာခြင်း It will have a speed limit of 100 kilometers per hour. The Ministry of Construction in Myanmar has issued a request for proposal (RFP) to ten pre-qualified bidders for Phase 1 of Yangon Elevated Expressway (YEX) Public-Private Partnership (PPP) project. A total of 55 companies submitted their proposals in May 2018. Yangon elevated expressway project phase (1) estimated to cost about $800 million, The fourth meeting of the Leading Committee for the Yangon Elevated Expressway and Outer Ring Road Project in progress (Photo: MOI), MAS proposes stricter ways to verify customers' identity as impersonation scams rise, China called for Covid-19 restrictions relaxation to facilitate border trade, Fuel worth over US$160 million imported in about 45 days, Garment factory owner runs off, over 300 workers left behind without pay, Yangon Airport received 443 foreigners through Covid-19-related special flights in October, Over 30 more factories in Yangon file for close-down, Myanmar records 947 new cases with 19 deaths on December 20, Kayah State sees 55 Covid-19 cases but no local transmission, Comedian Aye Yar dies after contracting Covid-19, Myanmar sees 1,116 new cases with 21 deaths on Dec 18, Three returnees from Mandalay found infected with COVID-19 in Lashio, COVID-19 tests to be available at 25 places across states and region, Government and KHCC holds video conference concerning Kachin IDPs, Mon party welcomes NLD’s plan to meet ethnic parties to seek common ground. of search terms would be “property research report”, ”condominium law”, “Puma Energy”, “MOGE”, “yangon new town”,”MECTEL”, “hydropower”, etc. The Ministry of Construction, Department of Highways, Invitation to Pre-Qualify for the Yangon Elevated Expressway Public Private Partnership Project Phase 1, … The project’s first phase will be undertaken through a Public-Private partnership (PPP) in the East Wing of Yangon City. The Ministry of Construction (MoC) and Yangon Region Government are now implementing the first-ever elevated expressway project in Yangon under Public-Private-Partnership (PPP) concession. International Finance Corporation (IFC), member of the World Bank, is acting as adviser to the project. Business. The project will be implemented through a public-private partnership. The IFC has evaluated the technical and financial proposals from the 10 companies which passed NB: The best way to find information on this website is to key in your search terms into the Search Box in the top right corner of this web page. 01. A list of ten companies that met the criteria as prequalified bidders were announced in December 2018. RFP for expressway PPP project in Myanmar. The ring road will link Thilawa Special Economic Zone, Mingalardon Industrial Zone, the Yangon-Mandalay Expressway and Yangon International Airport. Yangon, Myanmar – September 1, 2020 – The Union Government of Myanmar through the Ministry of Construction (MoC) is publicly announcing that three bids were submitted for Phase 1 of the Yangon Elevated Expressway Public Private Partnership (PPP) Project. Phase one of the project will involve a 27.5 km four-lane ring road connecting east and west of Yangon, as well as the Yangon International Airport. The expressway will be 27.5 km in length, 8m to 19.5m in height and comprise four lanes. YANGON (Xinhua) – Myanmar will implement an elevated expressway project at the inner ring road of Yangon city and the project’s first phase will be undertaken in the east wing of the city. Construction Ministry will upgrade the inner ring road into the elevated expressway in Yangon. Capital value (MM) USD 800.00. 06 December 2018. The Myanmar Government has received over 50 Expressions of Interest (EOI) from local and international conglomerates for the Yangon Elevated Expressway project. The International Finance Corporation (IFC), a member of the World Bank Group, has been appointed as the lead transaction advisor to the MoC for the Project. Phase one of the Yangon Elevated Expressway Project, which includes construction of the Yangon Elevated Expressway and the Yangon Circular Expressway, will cost around $800 million, according to U Han Zaw, union minister for the Ministry of Construction. Consult-Myanmar Co Ltd, Myanmar Co Reg No: 100066009. To learn more about the latest Travel Restrictions affecting all travelers entering Myanmar due to the COVID19 Pandemic, click here, #mc_embed_signup{background:#fff; clear:left; font:14px Helvetica,Arial,sans-serif; } IFC carried out detailed assessment of technical and financial proposals for the submitted project proposals and submitted an evaluation report. Industrial & Logistics Development 17 Policy ... High in CBD Property Tax Low in Suburb PP-22. The Leading Committee for … The Expressway will not only reduce the traffic jams in Yangon, but also improve living standards and create new business opportunities, said deputy minister Dr.Kyaw Lin. Project for Comprehensive Urban Transport Plan of the Greater Yangon (YUTRA) FINAL REPORT : SUMMARY Image of Inner Ring Road and BRT Image of Elevated Railway and Yangon … Ten companies qualify for building Yangon Elevated Express Way Phase 1. VDB Loi has been assisting as local legal counsel to the International Finance Corporation (“ IFC ”), acting in its capacity as lead transaction adviser to the Ministry of Construction of the Government of Myanmar on the Yangon Elevated Expressway Project Phase 1, which is the first-ever international road Public Private Partnership (“ PPP ”) in Myanmar. The Yangon-Mandalay Expressway Project has been implemented with three stages: (a) Yangon-Nay Pyi Taw (202miles 1 furlong)(325.12km) opened 25 March 2009. Copyright © 2020 Eleven Media Group Co., Ltd. All rights reserved. Yangon Elevated Expressway Project Phase-1 under way. Union Minister for Construction Han Zaw said it is a project with huge investment and even phase (1) of the project is estimated to cost about US$800 million. Phase 1 would involve connecting Dawbon Bridge in Pazundaung Township, Mingaladon Industrial Zone and Yangon International Airport, U Kyi Zaw Myint, a deputy director-general at the Ministry of Construction, told The Irrawaddy last month. The International Finance Corporation (IFC), the member of the World Bank, is working as the consultant group for the project. Construction on Yangon elevated expressway project to start in 6 months. The phase one of the project will start from upper Pazundaung, then passing through Waizayanda, Thudama, Khayaypin and finally lower Mingaladon roundabout. Yangon Elevated Expressway Phase 1 project. The planned Phase 1, 27.5-kilometer alignment, passes from Upper Pazundaung Road, Wai Za Yan Tar Road, Thudhamma Road and Khayaypin Road in the North to the junction with Lower Mingalardon Road. Yangon Elevated Expressway Project is to be implemented with lesser social and environmental impact. MM Times reported tjat the Ministry of Construction says it has received 12 prequalification applications for the Yangon Elevated Expressway Project (YEX) Phase 1. Barrier-free for Persons with disabilities (PwDs) Project ... suburb of Yangon City (1,100km2). In an announcement dated December 5, four Chinese companies, one company each from France, Japan and Korea, a Myanmar-Japan joint venture company, a Thai-Chinese joint venture company and China-Myanmar joint venture company were … Twitter. The eastern section will be 69 kilometers long, and will include a 1.4-kilometer long bridge across the Bago River. The 589 km long Yangon-Mandalay Expressway has been developed by Public Works, Ministry of Construction and Directorate of Military Engineering, Ministry of Defence. 0. Contracting authority Ministry of Construction (Myanmar (Burma)) PPP Delivery model Design Build Finance Operate Maintain (DBFOM) Current project stage. The deadline for submissions of prequalification applications was November 13, and the ministry has announced the companies or consortiums that submitted applications for the project. Phase 1 of the elevated expressway project, of a total length of 27.5 kilometers, includes a 19 km long four-lane way in the eastern part of the city; a 6 km long four-lane way from east to west; and a 2.5 km long two-lane way connecting to Yangon International Airport at an estimated cost of USD 800 million. 11/02/2020. Countries Myanmar (Burma) Subsectors Road. Pinterest. View content: Register to get full access. The report was discussed at the meeting and the decision will be made to announce the preferred bidder, the minister said. (function($) {window.fnames = new Array(); window.ftypes = new Array();fnames[0]='EMAIL';ftypes[0]='email';fnames[1]='FNAME';ftypes[1]='text';fnames[2]='LNAME';ftypes[2]='text';fnames[3]='ADDRESS';ftypes[3]='address';fnames[4]='PHONE';ftypes[4]='phone';fnames[5]='BIRTHDAY';ftypes[5]='birthday';}(jQuery));var $mcj = jQuery.noConflict(true); Copyright © 2020 — Consult-Myanmar Co Ltd, Myanmar Co Reg No: 100066009, • All rights reserved. ... Yangon American International School: Preparing students for an unpredictable tomorrow, today. Phase one of the project will be 27.5km in length, including a 19km four-lane road and a 2.5 km two-lane road connecting to Yangon International Airport. The deadline to submit the … Ministry to Kick Start Elevated Expressway Project. “The project is part of a Public Private Partnership (PPP) system with the Yangon region, and will help to reduce traffic congestion in the city,” he said. Proposals for the project were first canvassed in May 2018, and 53 … Most Read. Facebook. The elevated expressway project phase (2) is being implemented in cooperation with the Yangon Region government under the PPP system to reduce traffic congestion and develop infrastructure. The Leading Committee for the Yangon Elevated Expressway and Outer Ring Road Project held the fourth meeting on November 18 on … ... Mingaladon Industrial Zone and the Yangon-Mandalay Highway. In the world today, change is one of the few things that is certain. November 2018 and 10 winning companies were announced in December 2018 companies expressed Interest prequalified bidders announced. 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