These companies are expected to participate in the tender process later in June. 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 construction of YEX is expected to take about three and half years. The expressway will pass through eight townships – Mingalar Taung Nyunt, Tamwe, Thingangyun, South Okkalapa, North Okkalapa, Mayangone, Mingaladon and Insein. 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. He added that a public meeting was held in February involving the townships that the flyover will pass through. The project is a high grade Expressway on north-south direction connects to the capital, it will enlarge the coverage of national highway network. The elevated expressway project will be implemented by the Ministry of Construction and the Yangon Region Government under the public-private partnership system. 11/02/2020. 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) … Myanmar to Implement Yangon Elevated Expressway Project Myanmar Business Today, 21 Nov 2018. So far 10 companies are expected to enter the bidding for the work. The Ministry of Construction announced the list of ten shortlisted companies, out of 12 that qualified for building Yangon Elevated Expressway Phase 1 project. 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 GRM provides an accessible way for individuals and groups to submit their grievances directly to YEX. 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. Photo: MNA. The MoC will be the direct counterparty in the Concession Agreement (CA). Ministry to Kick Start Elevated Expressway Project. Yangon Elevated Expressway Project . The road is the first phase of a planned 47.5 km expressway. The project will be carried out by public private partnership (PPP) and it is 47.5 km long. The expressway will also provide a link to Yangon International Airport. 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 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. Yangon elevated expressway project will connect key places such downtown Yangon as, Yangon port, Yangon international airport, Mindaladon industrial zone, and Yangon-Mandalay expressway. 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 project for a 27.5km four-lane tolled elevated expressway is a priority for the Government and aims to alleviate traffic congestion in Yangon and better connect businesses and communities in the country’s commercial hub, improving access to markets. The next meeting will be held after the month of June, before implementing the project. 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 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. A list of ten companies that met the criteria to be considered as prequalified bidders were announced in December 2018. In addition to Yangon, the project will help raise socio-economic life of Myanmar as well. In all 12 firms applied during the tender process, with 10 companies having subsequently been shortlisted by Myanmar’s Construction Ministry. In December 2018, the ministry received 12 prequalification applications to develop the YEX under a PPP. Source: YUTRA Project Team Figure 6.2.1.4 Proposed Project Location Map for Middle-term . A total of 12 local and international companies submitted prequalification applications for Phase 1 of the project. We’ll implement further demands from the public depending on instructions issued by the health ministry,” he said. 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 tender process will remain open until 1st September 2020. 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. 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 … 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. 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. 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). Twelve consortium groups submitted proposals in November 2018. section is minimized as much as possible, and elevated section is applied maximally. 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. Seaports, new satellite towns based on dry ports and a platform of politics and economy will … - Translated. See full tender here: Technical Consultant Yangon Elevated Expressway PPP Project.doc 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 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. 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. 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. 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. Interest is strong in the project to build the Yangon Elevated Expressway Project in Myanmar. 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. 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. “We have already incorporated some of the people’s requests. Proposals for the project were first invited in May 2018 and 53 companies expressed interest in building the expressway. 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