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July 17, 2019

Kaladan Bridge (Paletwa) inauguration slated for Feb 2020

Myanma Insurance Director-General U Zaw Naing talks to the media at the press conference at the Ministry of Construction in Nay Pyi Taw yesterday. Photo: Aye Than
Myanma Insurance Director-General U Zaw Naing talks to the media at the press conference at the Ministry of Construction in Nay Pyi Taw yesterday. Photo: Aye Than

Construction work on the Kaladan Bridge (Paletwa) will be resumed as soon as possible so that it can be inaugurated as per schedule on 20 February, 2020, said U Zaw Naing, Director-General, Myanma Insurance, yesterday.
He made the remarks at a press conference at the Ministry of Construction in Nay Pyi Taw on insurance provided by IKBZ for bridge materials that were destroyed in a fire.
U Zaw Naing said the insurance was arranged over two sessions. In the first session, the MP Yadanarwin Company was insured by Myanma Insurance, while in the second, beams and other related materials for the bridge were insured by the IKBZ, he said “The first type is a comprehensive insurance and the second is war-risk insurance,” he said.
“This ceremony is being held as the IKBZ is providing comprehensive insurance for the bridge and related construction materials, which were burnt, as these are the two types of insurance that can be arranged for the company and the construction materials,” he added.
Asked if the construction of the bridge would be on schedule and whether the facility would be opened on Chin State Day, as demanded by the people of the state, the Deputy Minister for Construction U Kyaw Lin said: “Chin State Day falls on 20 February. We are working hard to open the bridge on 20 February, 2020. We will resume construction as soon as possible because we have received the materials for the bridge today.”—Aye Aye Thant
(Translated by KZH)

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