Transport infrastructure and facilities
Roads and bridges
MPs to mull Japan’s soft loan offer
Parliament will decide this week whether or not to accept a US$824 million soft loan from Japan. The government has proposed the loan to Pyidaungsu Hluttaw for a range of capital projects, including aid to farmers, building roads and bridges for rural development, expanding electricity ...
China funds Mekong road construction
The Chinese government has funded construction of a 22.5 km road along the Mekong River linking Tonpheung district in Bokeo province with Sing district in Luang Namtha province to facilitate transport and boost northern development. A signing ceremony for construction of the US$32.7 million road ...
Yangon government considers ending industrial zone bridge tolls
The Yangon Region government is debating ending the toll fees on three bridges that connect Hlaing Thar Yar industrial zone with Yangon and the Thilawa special economic zone. “We are discussing with the Ministry of Construction the collection fees on Bayint Naung bridge, Aung Zayar ...
China eyes high speed railway as part of One Belt, One Road strategy
A super fast railway will connect Myanmar’s cities, cutting the journey time from Muse, Shan State, to Yangon to one hour. That was the claim made by China’s consul general in a recent meeting in Mandalay. Wang Zongying was discussing China’s One Belt One Road project, ...
China is stepping up its global power play
With US president-elect Donald Trump threatening to build a wall on the Mexican border and force Asian allies to increase defence spending, Beijing is busy luring countries across the eastern hemisphere into its orbit. President Xi Jinping, who is consolidating his power at home, is ...
Tea touted as solution to budgetary woes
As the government has found itself without enough cash to complete development projects scheduled in the current fiscal year, one cabinet member has aired an unusual proposal for financing the shortfall: tea money. Speaking in parliament on December 1, the minister for agriculture, livestock and ...
Peninsula’s future in flux
Chea Sophat stood on the gravel embankment of a road as he pointed to what was once his rice field, an unfenced, 4,000-square-metre waterlogged plot with a handful of buffaloes wallowing in the mud. Across the Tonle Sap river, Phnom Penh was celebrating the festivities ...
Vietnam urges Laos to move forward with road link
No soil has been turned since the survey and design of the Nasone road upgrade, which would link Luang Prabang province to the Vietnam border at Dien Bien province, after a study into the project ended two years ago. Vietnam’s Minister of Transport, Mr Truong ...
Government pushes expressway to go ahead
The government has instructed authorities to resume construction of a section of the long delayed northern expressway linking the Kasetsart intersection and Nawamin Road, also known as the N2 section. The planned expressway, which will link west Bangkok at Bang Pa-In-Bang Phli motorway to east ...
City Infrastructure JSC sells $40m bond
HCM City Infrastructure Investment JSC on November 24 signed a contract to sell US$40 million worth of convertible bonds to KEB Hana Banktrustee and Custodian Business, the first tranche in its plan of issuing $60 million bonds to raise funds for its projects, the HCM Stock ...