Invest in Myanmar - For Investors Seeking Opportunities in Myanmar
Follow:
Invest Myanmar - The Myanmar Investment Gateway
NEWS BY TOPIC
General Information about Myanmar (1)
Business (131)
FDI in Myanmar (45)
Investments (59)
Macroeconomic Data (4)
Infrastructure (4)
Financial (17)
Economy (37)
Construction (1)
Politics (29)
Real Estate (1)
Investment Legislation (3)
Sports (1)
NEWS BY SECTOR
Telecommunications (27)
Law (14)
Infrastructure (20)
Education (2)
Banking (19)
Jewellery (1)
Stock Market (2)
Agriculture (35)
Real Estate (22)
Mining and Exploration (10)
Construction (29)
Energy (47)
Textile and Fashion (10)
Tourism (23)
Information Technology (11)
Food and Beverage (13)
Electronics (3)
Waste Management (1)
Automotive (9)
Logistics (4)
Renewable Energy (0)

Yangon's outdated buses to be replaced with new city buses

YANGON'S OUTDATED BUSES TO BE REPLACED WITH NEW CITY BUSES
Date: 09/08/2013
Source: Eleven
Yangon's outdated buses to be replaced with new city buses

Outdated buses in Myanmar's largest city will be replaced with new foreign city buses, according to reports from Yangon's regional government.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"Some passenger cars are very outdated. So we are going to replace those outdated cars with foreign city buses and have allowed permission to import city buses under their plan. Thats why we are now issuing out import permits," said an official from Yangon Region Government.

If the private companies have already imported city buses, the government committee will grant permission to operate the new vehicles. Moreover, the government will hold discussions with the Ministry of Energy to issue compressed natural gas for city buses.

Officials also said that the old passenger vehicles are not convenient because they run on oil and diesel. There are over 6,000 passenger vehicles running in Yangon and most of cause frequent accidents due to poor maintenance.


Topic: Business
Did You Know?
Myanmar lies on the crossroads of two of the world's great civilizations – China and India . Its culture is a blend of both interspersed with Myanmar native traits and characteristics. Buddhism has great influence on... ... More

Featured news story
Naypidaw in US$100 Million China Deal to Build Train Factories
Naypidaw in US$100 Million China Deal to Build Train Factories

Featured Video
New Chapter Begins for U.S. Relations With Myanmar - Invest Myanmar.biz video
New Chapter Begins for U.S. Relations With Myanmar

COUNTRY SNAPSHOT
GDP 2010 USD 45.4 B
GDP 2012 USD 54.0 B
Inflation 9.13 %
Unemployment Approx. 35%
GDP growth 2011 5.5 %
FDI 2011 USD 1.05 B
Today on Invest Myanmar
Member Companies: 82
News Stories: 341
Myanmar Videos: 59
Interesting Facts: 29
Factsheets: 9
 © Copyrighted 2012 Invest Myanmar.biz. All rights reserved.  

 
Please read Conditions of Use, Copyright Statement and Privacy Policy for this web page and web site.



Crafted by Sofia Web Works®, makers of Pahraat Kasinot and Casinobonus på alla svenska online casinon an Invest Bulgaria company