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Myanmar & Japan Revive Talks on Building Hanthawaddy Airport

Infra News - Published on Fri, 12 Jul 2019

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MM Times reported that Myanmar and Japan will form a JV and sign an agreement next year to kickstart the long postponed Hanthawaddy International Airport project located 80 kilometer north of Yangon near Bago. According to several government officials, both the Myanmar and Japanese governments have met at least four times to nail down details of the project, which would be financed by Japanese government loans and involve the country’s construction and airport operators. While details on cost have not been announced, the last tender valued the project at USD 1.5 billion. The Japan International Cooperation Agency has estimated the project to cost USD 2 billion.

The new airport would be built on some 3600 hectares of land belonging to the Department of Civil Aviation. Also, an updated design for the airport would have to be approved, with a connection to the railway network included. Discussions are also underway to link the new airport with Yangon via an express highway in the first phase and an express railway in the second phase.

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Posted By : Mohan Sharma on Fri, 12 Jul 2019
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