Infrastructure development through PPP
The Yangon Regional Government is going to develop the Ngwe Pin
Lel Integrated Logistics Zone and Inland Water Transport Jetty under a public-private-partnership (PPP) agreement, U Myint Thaung, the regional minister of planning and finance for Yangon Regional Government, said. The project will be located on 78.9 hectare site in Hlaing Thar Yar Township, Yangon Region, and is expected to cost K151 billion. It is scheduled for completion in 2021. The construction of the zone is expected to boost the region’s manufacturing sector and the distribution of goods. It is also hoped that the jetty portion of the project will help to improve the traffic situation in Yangon.