NEW BUS STOPS TO GIVE YAN­GON MUCH-NEEDED FACELIFT

The Myanmar Times - Weekend - - Front Page - AYE NYEIN WIN ayenyein­win@mm­times.com

Fmide­caux has com­menced con­struc­tion of a slew of new bus stops in Yan­gon, U Maung Aung, sec­re­tary of the Yan­gon Re­gion Trans­port Author­ity (YRTA) said this week. The first of these bus stops, lo­cated near Myan­mar Plaza, is al­ready com­plete and open to the pub­lic.

Fmide­caux, which is co­op­er­at­ing with the Yan­gon City De­vel­op­ment Com­mit­tee (YCDC), will build a to­tal of 350 bus stops for a to­tal in­vest­ment of $13 mil­lion. “The gov­ern­ment will also be in­volved in re­lo­cat­ing the new bus stops,” said U Maung Aung.

Fmide­caux is a joint ven­ture between first Myan­mar In­vest­ment Co, which is listed on the Yan­gon Stock Ex­change and ad­ver­tis­ing com­pany Jcde­caux Asia(s). YCDC has granted Fmide­caux ex­clu­sive rights to ad­ver­tise at the 500 bus stops for a pe­riod of 20 years.

FMI will hold a 40 per­cent stake in the JV, while JC De­caux will hold the re­main­ing 60pc.

The first con­tract in Myan­mar will cover the de­sign, in­stal­la­tion, op­er­a­tion and main­te­nance of 500 brand new bus shel­ters equipped with USB ports and LED screens dis­play­ing the Es­ti­mated Time of Ar­rival for pub­lic buses. It will also in­clude Yan­gon city in­for­ma­tion sign­boards and drink­ing foun­tains, ac­cord­ing to Fmide­caux.

All down­town bus shel­ters will be re­placed within 18 months.

Im­por­tantly, the move will help give Yan­gon a much needed facelift as the new bus stops grad­u­ally re­place many older ones. ‘’Be­cause of this new bus stop project, we will need to move some old bus stops else­where,” said U Maung Aung.

‘’This agree­ment will be the first of its kind in Yan­gon. The co­op­er­a­tion of FMI and Jcde­caux can sup­port the de­vel­op­ment and help the mod­erni­sa­tion of Yan­gon af­ter trans­form­ing the pub­lic trans­porta­tion buses,” Yan­gon chief min­is­ter U Phyo Min Thein said ear­lier this year.

The first mod­ern bus stop by Fmide­caux has been com­pleted near Myan­mar Plaza. Photo: Shin Moe Myint

Newspapers in English

Newspapers from Myanmar

© PressReader. All rights reserved.