Posts in category: CONSTRUCTION

Construction of the Korea-Myanmar Industrial Complex (KMIC) will commence in December despite the COVID-19 pandemic. The project is estimated to generate US$4.7 billion worth of value from investments and generate more than half a million jobs in support of Myanmar’s development. Launched during the visit of South Korean President Moon Jae-In to Myanmar last September, the KMIC is the first government-level project between the two countries.

The KMIC, which is being developed under a joint venture between Korea Land and Housing Corp, Global SAE-A Co Ltd and the Ministry of Construction, will developed across 556 acres of land in Nyaung Na Pin village in Hlegu, Yangon. Korea Land & Housing Corporation will hold a 40 percent stake in the project while Global SAE-A Co will hold a 20 pc stake. KMIC is valued at US$110 million and received approval from the Myanmar Investment Commission in 2019. The detailed design of the project is being finalized and construction will start by the end of year. The tender to develop the project will be called in October and after which construction of the first phase of the KMIC will commence in December. The first phase of the project will be implemented on 315 acres of land and involve facilities for food and beverage, cut-make-pack manufacturing and logistics and warehousing. The second phase, which will take place across 240 acres of land, will developed with the construction materials, electronics and computer parts manufacturing in mind. The whole industrial zone will be complete in 2022. The KMIC will include residential and commercial developments in addition to industry. The entire project will also be developed as a smart and eco-friendly industrial zone using Korean technology.

The Ministry of Construction will develop an outer ring-road and provide electricity and water access at the industrial zone with a US$70 million loan from the South Korea Economic Development Cooperation Fund. It has already received US$62 million in funds. Officials will start drawing more interest to the project among investors in Korea next month. Meanwhile, KMIC officials will cooperate with Korea government institutions to support businesses with consulting services and access to financing. The Koreans are also expending construction of the Dala Bridge in Yangon, which is now being carried out around the clock to be complete within the targeted timeframe despite COVID-19. The bridge, also know as the Myanmar- Korea Friendship Bridge, is expected to cost US $168 million. Construction of the bridge, which will connect Dala township across the Yangon River to downtown Yangon, began in May 2019 and is slateed to be complete in October 2022.

Source: Myanmar Times

The Pathein Bridge (2), which directly connects Pathein’s Mahabandoola Road with the west bank of Ngawun River in Ayeyarwady Region, will officially open for traffic in September. The bridge, which was constructed to accommodate rising traffic as a result of housing expansion by the river, was complete in July and stress tests were conducted last week. Passenger vehicles will be able to use bridge between 5am and 7pm before the official opening next month.

Construction of the 725-meter long Pathein Bridge (2) began in November 2018. The Ministry of Construction is now seeking approval from arliament to build a new bridge in Thanlwin, Shan State, using a €8.4 million loan from Austria. The objective of the loan is to buy good quality, high-tech European products like cable-stayed bridge material, steel frames and accessories for necessary to build proper infrastructure. The current Thanlwin bridge, which connects Central Myanmar to Shan State, has been used since 1999, allowing it to accommodate only 16 tonnes of weight at a time compared to its original capacity of 30 tonnes. COnsequently, cargo from large 10-wheel trucks must be transferred to smaller vehicles to enable the goods to pass.

The entire process is too time consuming and not conducive for business. The new cable-stayed bridge will be 870 feet long and its maximum load capacity will be 60 tonnes.The loan, which is being granted by the Austrian Uni Credit Bank, interest-free and repayable within 28.5 years. This includes a 14-year grace period. The Bridges Department under Ministry of Construction completed 540 concrete bridges, 22 wooden bridges, 17 Bailey bridges, 86 cable-stayed bridges and 1,410 Box Culverts in the fourth year of this government’s term.

Source: Myanmar Times

Union Minister for Construction U Han Zaw officially opened Sittoung River-Crossing Bridge (Myo Soe) in Ottwin Township and Shwekyin Creek-Crossing Bridge in Shwekyin Township, Bago Region. The ministry has set objectives to equally develop roads, bridges and urban areas in regions and states fulfilling the ministry’s primary duty of infrastructure development. Special Bridge Team 10 of Bridge Department constructed the 1,200-foot-long two-lane reinforced concrete bridge, which is located on Kywepwe-MyoSoe-Zayetgyi Road.

The bridge’s upper sections are made up of steel plate girders that were manufactured by J&M Steel Solutions, a company joint-ventured by the Ministry of Construction and Japanese Company JFE. This is 44th bridge opened in Bago Region during the incumbent government.The bridge that connects the towns and villages on old Yangon-Mandalay Highway with eastern side of Sittoung River will bring benefits of economy, social, health and education to local people. The bridge will also connect Bago Region with Kayin and Mon states.At the opening ceremony, the Union Minster made opening remarks and the Chief Minster explained the conditions of regional development, ethnic unity and communications development.

Special Bridge Team 9 of Bridge Department constructed the 1,680-foot-long two-lane reinforced concrete bridge. The upper section of the bridge is made up of reinforcement concrete and pre-stressed post-tension technology.The bridge is one of the main bridges on Taungoo-Kyaukgyi-Shwekyin-Motpalin Road that connects eastern Bago Region with Mon State. The opening of the bridge will bring the developments of economy, social, education and health to 36,000 people in 27 villages of 13 village-tracts in Motpalin side.

Source: The Global New Light of Myanmar