3rd MTL Myanmar Transport and Logistics Summit,

28-29 Sep, 2016 - Yangon, MYANMAR

PARKROYAL Yangon

PLEASE CLICK HERE to view upcoming event. Information here is outdated
  • Industry Partner
    www.mbba.co.uk
  • Exhibitor
    www.cmtevents.com/eventexhibition.aspx?ev=160921&
  • Exhibitor
    www.cmtevents.com/eventexhibition.aspx?ev=160921&
  • Promotion Partner
    www.transport1.com
  • Promotion Partner
    www.worldfreightnetwork.com
  • Promotion Partner
    www.specialistfreightnetworks.com
  • Promotion Partner
    www.projectcargonetwork.com
  • Promotion Partner
    www.cargoconnections.net
  • Promotion Partner
    www.universalfreightorg.com
  • Promotion Partner
    www.freightbook.net
  • Promotion Partner
    www.frontiermyanmar.com
  • Promotion Partner
    www.myanmar-business.org
  • Promotion Partner
    www.asiantrucker.com
  • Promotion Partner
    www.irrawaddy.org/
  • Promotion Partner
    www.mizzima.com

News Feed

ABD urges Myanmar to scale up transport investment

Posted on : 23 Aug, 2016

 

ADB last week launched a new report entitled "Myanmar: Transport Sector Policy Note", which says 20 million people, or about half of rural population, live in villages without access to an all-season road, as the country only invested 1 to 1.5 per cent of gross domestic product (GDP) in transport improvement over the past decade.

 

It suggests that Myanmar should allocate US$45 billion to $60 billion in transport projects over the next 15 years towards investment in bus rapid transit lines, parking and traffic management and circular railways in Yangon. Allocation towards the upgrade of national and international corridors, modernization of the rail link, implementation of low-cost navigation aids, plus exploring water transport options were also cited.

 

ADB country director for Myanmar Winfried Wicklein said the bank planned to provide aid of about $350 million per year to Myanmar, 85-90 per cent of which goes into infrastructure, notably transport and energy. Wicklein said the ADB was considering co-financing models in infrastructure projects and providing grants for environmental issues and climate change. The report urged the government to seek funds for these mega-projects from development partners.

 

Myanmar government plans and investors’ role in addressing and funding transport & logistics projects over the next couple of years will be tabled at CMT’s 3rd MTL Myanmar Transport and Logistics Summit on 28-29 September, 2016 in Yangon.

 

Contact Ms. Huiyan at huiyan@cmtsp.com.sg or call +65 6346 9113 for more details.

 

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