Sign up | Log in



Home  >>   Daily News  >>   Myanmar News  >> Transport  >> Yangon transport plan will need varied funding sources, meeting told
NEW UPDATES Asean Affairs   15 May 2014  

Yangon transport plan will need varied funding sources, meeting told

A urban transport plan for greater Yangon will need to be funded from a variety of sources, including the government, international loans and private sector contributions, a public meeting was told on May 12.

Fines and road taxes would also need to contribute towards the cost of the Comprehensive Urban Transport Plan for Greater Yangon, or YUTRA, Mr Takashi Shoyama, a team leader from the Japan International Cooperation Agency, told the meeting at a Yangon hotel.

“Out of the total estimated long-term project costs of US$25 billion, government funds will account for $15.3 billion, with the remainder to be covered by a combination of road taxes, fines, private sector contributions and international loans,” Mr Shoyama said.

The YUTRA project is proposed to be implemented in three phases: short term (2014-2018), medium term (2019-2025) and long term (2026-2035).

Yangon Region Transport Minister U Aung Khin told the meeting that having both short and long-term plans for tackling traffic congestion was a positive step forward.

“The big increase in the number of privately-owned vehicles, and drivers refusing to follow the rules of the road, are the main causes of Yangon traffic problems,” U Aung Khin said.

The meeting was told that JICA research into traffic jams in Yangon had identified the three main causes as a lack of public transport options, illegal parking and the ineffective use of traffic lights.

The plan calls for upgrades for mass transit system and for more parking facilities.

The short term plans involve Yangon City Development Committee working with JICA on improvements to traffic management at 8 Mile Junction and building a bridge in Thaketa Township.

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below

Today's  Stories                            May 15, 2014 Subsribe Now !
• Suthep asks public to push Senate for interim PM Subcribe: Asean Affairs Global Magazine
• Tourism Ministry mulling Thailand travel warning
• BlackBerry launches Z3 in Jakarta
Research Reports
on Thailand 2007-2008

• Textiles and Garments Industry
• Coffee industry
• Leather and footwear industry
• Shrimp industry

• FTA with EU would boost exports
• Yangon transport plan will need varied funding sources, meeting told
Asean Analysis                    May 15, 2014

• Asean Analysis May 15, 2014
Toward a Way Out in China-Vietnam Tensions in the South China Sea
Advertise Your Brand

Asean Stock Watch    May 14, 2014
• Asean Stock Watch-May 14, 2014
The Biweekly Update
• The Biweekly Update  May 2, 2014

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent
• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

| Terms of Use | Site Map | Privacy Policy  | DISCLAIMER |

Version 5.0
Copyright © 2006-2017 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand