A consortium led by Incheon International Airport Corporation has been chosen as the preferred bidder to build a new airport in Burma's main city of Rangoon worth US$1.1 billion.
The corporation edged out 29 other consortia from 15 countries including China, France, Japan and Singapore.
The corporation said it hopes to sign the final agreement at the end of this year to build Hanthawaddy International Airport 60 km northeast of Rangoon, which will be able to process 1.2 million passengers...
YANGON: Myanmar wants to build a fourth airport and develop it as an aviation hub for international travel -- the upcoming Hanthawaddy International Airport will be located in the Bago Region, north of Yangon.
Town planners also want to build a vibrant city around this new airport to turn it into a commercial hub.
Four players, including Singapore's Yongnam Holdings consortium and Korea's Incheon Airport group, have submitted their bids for the project. The other two are France's Vinci...
Outdated buses in Myanmar's largest city will be replaced with new foreign city buses, according to reports from Yangon's regional government.
Private motor companies have been granted licences to import foreign city buses with their own funding. Yangon's regional authorities are making it a priority to issue import licenses and permits to run the new passenger vehicles.
"Some passenger cars are very outdated. So we are going to replace those outdated cars with foreign city buses and have...
Nippon Express Co., Ltd. is a worldwide leader in logistics services. Its head office is based in Tokyo, Japan. The company was established in 1937 as a semi-government transportation service provider.
Nippon Express annual revenues exceed US$14 billion. Nippon Express has a strong global network that spans over 80 countries, with company direct operations in 33 nations.
Nippon Express is also an operator of heavy machinery and construction equipments, expert at transporting heavy goods and...
Did You Know?
Myanmar is very rich in natural resources like petroleum, timber, tin, antimony, zinc, copper, tungsten, lead, coal, some marble, limestone, precious stones, natural gas and hydropower. ... More