August 19, 2016

Deputy Ministers sign agreements with Korean bank for Dala bridge, new rail coaches

Scale model of Yangon-Dala bridge. Photo:
Scale model of Yangon-Dala bridge. Photo:

THE signing ceremony for agreements between the Ministry of Construction, the Ministry of Rail Transportation and the Korea Exim Bank took place at the Kempinski Hotel in Nay Pyi Taw yesterday, attended by Union Ministers U Kyaw Lwin and U Nyan Tun Aung.
The agreements cover the construction of the Myanmar-Korea Friendship Dala Bridge and the purchase of 100 new rail coaches using a loan from the Economic Development Cooperation Fund (EDCF) of the Republic of Korea.
The bridge will be built across the Yangon River to link local roads in downtown Yangon with No 1 Highway in Yangon Region.
According to the agreement, the EDCF will provide US$45 million for the purchase of 20 new rail coaches, equipped with air-conditioning, 20 coaches without air-conditioning and 60 new ordinary coaches for the Ministry of Rail Transportation of Myanmar.
Deputy Minister for Construction Dr Win Myint and Deputy Minister for Rail Transportation U Myint Thein signed the agreements along with the chairman of Korea Exim Bank, Dr Lee Duk-Hoon. Yangon-Dala bridge will take five years to build and will be 6,144 ft in length.
Dala is on the Southern bank of the Yangon River across from downtown Yangon. The area has not seen much development. Access has only been via a ferry. The new bridge will link Phone Gyi Road, Landmadaw to Bo Min Yaung Road, Dala.—Myanmar News Agency


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