The elevated expressway project will be implemented by the Ministry of Construction and the Yangon Region Government under the public-private partnership system. 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. Myanmar to Implement Yangon Elevated Expressway Project Myanmar Business Today, 21 Nov 2018. He added that a public meeting was held in February involving the townships that the flyover will pass through. Interest is strong in the project to build the Yangon Elevated Expressway Project in Myanmar. The MoC, coordinating with the Yangon Regional Government, has been managing for potential local and/or international sponsors for the development of a Public Private Partnership (PPP) for a 47.5 kilometer elevated four-lane ring road expressway in Yangon.The MoC is implementing the expressway in phases and is currently in the process of implementing Phase 1, the Eastern and East-West (North) sections of the inner ring road. Due to COVID-19 Pandemic, the bid submission deadline for Yangon Elevated Expressway PPP Project has been changed to "September 1, 2020". Proposals for the project were first invited in May 2018 and 53 companies expressed interest in building the expressway. Seaports, new satellite towns based on dry ports and a platform of politics and economy will … The selection of PPP sponsors by the Ministry will be done through an international competitive tender which commenced mid-2018. So far 10 companies are expected to enter the bidding for the work. December 1, 2020 by Thiha 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. 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 … A total of 12 local and international companies submitted prequalification applications for Phase 1 of the project. The Yangon Elevated Expressway project will be 27.5km in length. Help alleviate this growing traffic congestion in Yangon , Improve Foreign Direct Investment in Infrastructure Sector in Myanmar, Improve north-south connectivity and facilitate entry/exit to/from the airport, Act as a catalyst for growth and economic opportunities for  surrounding industries and communities. The project is a high grade Expressway on north-south direction connects to the capital, it will enlarge the coverage of national highway network. All rights reserved. In December 2018, the ministry received 12 prequalification applications to develop the YEX under a PPP. “We have already incorporated some of the people’s requests. In addition to Yangon, the project will help raise socio-economic life of Myanmar as well. The Ministry of Construction and International Finance Corporation (IFC) on January 11 signed an advisory services agreement to build an elevated expressway connecting Yangon port, Thilawa SEZ, Yangon International Airport, Yangon Industrial Zone and Yangon-Mandalay expressway. See full tender here: Technical Consultant Yangon Elevated Expressway PPP Project.doc The 10 consortiums participating in the bidding for this project include companies from China, Japan, South Korea, Singapore, Thailand and European countries. “The project is part of a Public Private Partnership (PPP) system with the Yangon region, and will help to reduce traffic congestion in … The 27.5-km Yangon Elevated Expressway, one of the government’s priority projects, is aimed at mitigating traffic congestions in Yangon while improving public transportation and drawing foreign investment into the infrastructure sector. Ten consortiums/companies were pre-qualified in December 2018 to participate in the tender process. According to the Yangon Elevated Expressway Committee of the Road Administration of the Ministry of Construction of Myanmar, the Yangon Elevated Expressway project will be closed on September 1. The program was … The tender process will remain open until 1st September 2020. - Translated. Photo: MNA. Ministry to Kick Start Elevated Expressway Project. “The tender was originally scheduled for end of April but we’ve postponed it to late June,” said U Kyi Zaw Myint, deputy director general of Road Department under the Ministry of Construction. This project will be a milestone in the Myanmar economy because it will be Myanmar’s first large-scale infrastructure project using a project financing framework. We’ll implement further demands from the public depending on instructions issued by the health ministry,” he said. Yangon elevated expressway back on the radar Union Minister for Construction (MoC) U Han Zaw presided over the 4th meeting of the “leading committee on construction of elevated expressways and outer ring road in Yangon” on November 18th. 11/02/2020. 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. Twelve consortium groups submitted proposals in November 2018. The project involves the design, engineering, financing, construction, operation and maintenance of a 27.5-kilometer elevated toll road in Yangon, the largest city in Myanmar. YANGON—The Ministry of Construction has announced a shortlist of pre-qualified companies as contenders for the contract to build an elevated expressway in Yangon, which is aimed at alleviating the city’s traffic woes. The shortlisted firms include companies from China, France, Japan, South Korea … The project of Yangon Elevated Expressway, jointly organized by the Ministry of Construction and Yangon Region Government will be implemented with the purpose of reducing traffic congestion in Yangon. It will fast moving corridor to minimize the travel time from Yangon to Mandalay. The scope of the Project includes the design, financing, construction operation and maintenance of the expressway and toll plazas through a 35-year PPP concession agreement. The road is the first phase of a planned 47.5 km expressway. The planned “Yangon Elevated Expressway” Project, sponsored by the Ministry of Construction of the Union Government of Myanmar (MoC), is one of the Government’s top priority projects. 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 kick off in the first week of April. Phase one of the project will involve a 27.5 kilometre four lane ring road connecting the east and west of Yangon, as well as Yangon International Airport. The expressway will also provide a link to Yangon International Airport. Project for Comprehensive Urban Transport Plan of the Greater Yangon (YUTRA) FINAL REPORT : EXECUTIVE SUMMARY 1 ECECUTIVE SUMMARY 1 INTRODUCTION Study Background The Greater Yangon including Yangon City, with a population of about 5.7 million as of 2013, is the largest economic center of the nation, and experiences rapid urbanization and 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 expressway is proposed to be implemented on an elevated viaduct above existing roadways to connect Yangon’s CBD in the south with the Yangon Industrial Park in the north. The expressway project involves the design, engineering, financing, construction, operation and maintenance of a 27-kilometer elevated toll road in Yangon, the largest city in Myanmar. These companies are expected to participate in the tender process later in June. The 27.5-km Yangon Elevated Expressway, one of the government’s priority projects, is aimed at mitigating traffic congestions in Yangon while improving public transportation and drawing foreign investment into the infrastructure sector. 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 objective of the GRM is to help ensure a swift resolution of project-related concerns and complaints and make the YEX more responsive and accessible to project-affected communities. section is minimized as much as possible, and elevated section is applied maximally. Yangon elevated expressway project phase (1) estimated to cost about $800 million. To relieve chronic traffic congestion, the Myanmar government has decided to build a 47.5-kilometer elevated four-lane ring road, which is called the Yangon Expressway Project (YEX Project). The next meeting will be held after the month of June, before implementing the project. A list of ten companies that met the criteria to be considered as prequalified bidders were announced in December 2018. The elevated expressway project will be implemented by the Ministry of Construction and the Yangon Region Government under the public-private partnership system. The construction of YEX is expected to take about three and half years. By using expressway, the journey time from Yangon to Mandalay shortened from 13 hours by train or 16 hours by former highway to 7 hours. Source: YUTRA Project Team Figure 6.2.1.4 Proposed Project Location Map for Middle-term . © Copyright 2020 The Myanmar Times. The tender process for the Yangon Elevated Expressway has been suspended for two months due to COVID-19, according to the committee in charge under the Ministry of Construction. The expressway will pass through eight townships – Mingalar Taung Nyunt, Tamwe, Thingangyun, South Okkalapa, North Okkalapa, Mayangone, Mingaladon and Insein. 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. Centenary of University of Yangon attracts... 18 candidates in Yangon disqualified for... Court remands 20 people suspected of role in... Govt to shut down Yangon’s Kandawgyi Park if... 18 candidates in Yangon disqualified for future elections, Govt to shut down Yangon’s Kandawgyi Park if crowds form, Court remands 20 people suspected of role in riot at Dagon Seikkan baozi factory, Centenary of University of Yangon attracts huge gathering, Two Yangon markets seek green light to reopen. Yangon Elevated Expressway project delayed for two months. The project is valued at about US$900 million. The project will consist of a four-lane elevated road of 47.5 kilometres that will link the south of Yangon, which includes Yangon Port and Thilawa Special Economic Zone, to the north side of the city, where the Yangon International Airport, Mingaladon Industrial Park … The expressway will pass through eight townships – Mingalar Taung Nyunt, Tamwe, Thingangyun, South Okkalapa, North Okkalapa, Mayangone, Mingaladon and Insein. Yangon Elevated Expressway Project . Building the Yangon Elevated Expressway project is expected to cost US$900 million. 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. Yangon elevated expressway project will connect key places such downtown Yangon as, Yangon port, Yangon international airport, Mindaladon industrial zone, and Yangon-Mandalay expressway. When complete, it will be 27.5 km in length, 8m to 19.5m in height and comprise four lanes. Yangon elevated expressway project aims to set up a better transport between Yangon downtown, jetty, Yangon International Airport, Mingaladon Industrial zone and Yangon-Mandalay highway. Construction of the expressway is now targeted to begin in August and put into operation by May 2025. The project will be carried out by public private partnership (PPP) and it is 47.5 km long. The submission of tenders for the Yangon Elevated Expressway Public Private Partnership Project Phase-1 was closed at a ceremony in the hall of the Ministry of Construction in Nay Pyi Taw on Tuesday. 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. The GRM provides an accessible way for individuals and groups to submit their grievances directly to YEX. The project will consist of a four-lane elevated road of 47.5 kilometres that will link the south of Yangon, which includes Yangon Port and Thilawa Special Economic Zone, to the north side of the city, where the Yangon International Airport, Mingaladon Industrial Park and the Yangon-Mandalay Expressway are located. The MoC will be the direct counterparty in the Concession Agreement (CA). Union Minister U Han Zaw attends the closing ceremony of submitted tenders for the Yangon Elevated Expressway project in Nay Pyi Taw on 13 November. The MoC, coordinating with the Yangon Regional Government, has been managing for potential local and/or international sponsors for the development of a Public Private Partnership (PPP) for a 47.5 kilometer elevated four-lane ring road expressway in Yangon.The MoC is implementing the expressway in phases and is currently in the process of implementing Phase 1, the Eastern and East-West (North) … The 47.5-km elevated toll road will connect downtown Yangon, Yangon Port, Yangon International Airport, Mingaladon Industrial Park and the Yangon-Mandalay expressway. URL ... 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, Myanmar News Agency reported Thursday. Construction on Yangon elevated expressway project to start in 6 months U Kyi Zaw Myint, deputy director of the Bridge Management Department under the Ministry of Construction, announced that the government will announce the winner of the much anticipated project of the Yangon Elevated Expressway in April this year with work expected to kick off in July. The Ministry of Construction announced the list of ten shortlisted companies, out of 12 that qualified for building Yangon Elevated Expressway Phase 1 project. In all 12 firms applied during the tender process, with 10 companies having subsequently been shortlisted by Myanmar’s Construction Ministry. 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. 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