Ring road construction to start in 2020: commerce ministry
- Online Date: 2020/05/09
- Modify Date: 2020/05/19
Source: The Myanmar Times / THIHA KO KO / May. 9, 2020
Phase one of the proposed Yangon elevated highway will begin construction in July 2020, according to the Ministry of Construction (MOC).
The project is expected to be completed within three years.
The ministry together with the Yangon regional government adopted the public-private partnership model for the Yangon Elevated Expressway (YEX) project. The proposal is a priority under the incumbent administration, which seeks to alleviate the severe traffic congestion in the commercial capital and improve connectivity for businesses and communities.
The highway project includes a four-lane elevated road of 47.5km which 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.
For phase one of YEX, a 27.5 km four lane ring road will involve connecting east and west of Yangon, as well as the Yangon International Airport.
Last Thursday, MOC held a pre-bid conference for investors and announced that they need to submit proposals of the project this June for bidding purposes.
The winning consortium will be announced in July or August.
The construction ministry started inviting both local and foreign businesses to submit Expression of Interest (EOI) last May.
In December 2018, MOC had selected ten local and foreign consortiums as prequalified bidders for the phase one of YEX.
The 10 companies shortlisted as prequalified bidders include VINCI Highways from France and China Communications Construction Company as well consortiums comprising firms and joint ventures from Myanmar, Thailand, Japan and China. Notably, four Chinese companies have been included in the shortlist.