Chinese company proposes USD 1.5 billion contract for new circular railroad in Myanmar

Image Source: ztsj.cn

UNI reported that Myanmar's Yangon regional government recently met with representatives from China Railway Engineering Co Ltd to discuss the possibility of constructing of a new Yangon circular railroad in the region.

According to U Than Naing Oo, member of the Yangon Region Hluttaw’s Transportation, Communications, Construction and Industry’ Committee said "CREC proposed two versions of the potential railroad for consideration - one where it will be built on the existing circular railroad and another with an elevated track.

Source : UNI