In­fra­struc­ture de­vel­op­ment through PPP

Maritime Gateway - - International News -

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.

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