The tender process is being planned for the Myanmar-Korea Friendship Bridge, which will connect Myanmar’s commercial centre Yangon to Dala Township. Over $137 million in loans have been pledged by the Korean Economic Development Cooperation Fund to develop the 1.87km long suspension bridge. The tender process will be international and the work is due for completion by 2020. In all the project is expected to cost in the region of $168 million.
Meanwhile plans are in hand for the bridge connecting Thailand with Myanmar. The Thai cabinet approved a $115.7 million budget to build a second Thai-Myanmar bridge across the Moei River. The project also includes building 21.4km long, four-lane road to support the Mae Sot special economic zone (SEZ). The project will help develop investment and trade in border areas. Construction work is expected to begin in September 2015. In addition, agreements have also been struck between Myanmar and Cambodia with regard to their cross-border agreement, also intended to boost trade. A total of four border checkpoints are covered under the agreement including Singkhon checkpoint, Baan Phu Namron checkpoint, Mae Sot-Myawaddy checkpoint and Mae Sai-Tachilek checkpoint.
Meanwhile plans are in hand for the bridge connecting Thailand with Myanmar. The Thai cabinet approved a $115.7 million budget to build a second Thai-Myanmar bridge across the Moei River. The project also includes building 21.4km long, four-lane road to support the Mae Sot special economic zone (SEZ). The project will help develop investment and trade in border areas. Construction work is expected to begin in September 2015. In addition, agreements have also been struck between Myanmar and Cambodia with regard to their cross-border agreement, also intended to boost trade. A total of four border checkpoints are covered under the agreement including Singkhon checkpoint, Baan Phu Namron checkpoint, Mae Sot-Myawaddy checkpoint and Mae Sai-Tachilek checkpoint.
