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May 27, 2019

Over half of YBS buses new, 60% owned by public companies: YRTA

YBS buses will install YPS, together with the cash box system. Photo: Phoe Khwa

With the Yangon Region Transport Authority allowing some bus operators to merge and form public companies, 60 per cent of YBS buses are now owned by public companies, said U Hla Aung, joint secretary, YRTA. In addition, more than half the YBS buses are new, he said.
At present, more than 2,700 of the 4,300 YBS buses are brand new, and 60 per cent of the total buses in service are owned by public companies, he said.
“The Omni Focus and Ludu Partner public companies are operating bus services, with a fleet of 500 buses each. The Parami Bus and Bandula Transportation Company are producing vehicles under a semi-knocked down system. Over 100 bus lines are operating 4,300 buses on 123 routes. The number of daily commuters has been estimated at 1.8 million. Over 60 per cent of the buses are now owned by public companies, which were formed with investments from the Yangon Region government and bus operators,” said U Hla Aung.
At present, BM buses and Dina vehicles have been removed from Yangon roads, and their use as passenger vehicles has been prohibited, according to the YRTA. There are 18 public companies running YBS buses, including Yangon Bus Public Co. Ltd (YBPC), Yangon Urban Public Transportation Public Co. Ltd (YUPT), Rapid City Bus Transportation Public Co. Ltd, Golden Yangon City Transportation Public Co. Ltd, Bandula Transportation Company, Omni Focus, Ludu Partner Company, Power Eleven, Trans Link, Shwe Lann Khin Company, Taikkyithar, Konbaung Yangon, Shwepyitha Thar, Khit Thit Bayintnaung Company, and City Liner. Aero Star and City Transit have also sought permission to run bus services as public companies.
The Yangon Region government has contributed K70 billion to YBPC and YUPT, according to the government’s audit report.
The YRTA was formed on 8 July, 2016 to improve the transport facilities in Yangon for the convenience of the public. Yangon Region Chief Minister U Phyo Min Thein was appointed as the parton of the transport authority, while Daw Nilar Kyaw, the Yangon Region Minister for Electricity, Industry, and Transportation, was made the Chairperson. In April, 2019, the number of members was increased to 22 from 16, with the YRTA appointing the Security and Border Affairs Minister as Deputy Chairman 1 and Yangon Mayor as Deputy Chairman 2, besides officials from related departments and organizations.

By Nyein Nyein (Translated by Ei Myat Mon)

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