July 05, 2017

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Rehabilitating Roads for Development

Officials of Ministry of National Planning and Economic Development poses for photo Dr. Christine Heimburger, KfW Director East Asia and Pacific and Christian Richter, KfW Country Director to Myanmar.
Officials of Ministry of National Planning and Economic Development poses for photo Dr. Christine Heimburger, KfW Director East Asia and Pacific and Christian Richter, KfW Country Director to Myanmar.

U Maung Maung Tint, Director General of the Ministry of National Planning and Economic Development, U Khant Zaw, Director General of the Ministry of Livestock, Fisheries and Rural Development, as well as Dr. Christine Heimburger, KfW Director East Asia and Pacific and Christian Richter, KfW Country Director to Myanmar, signed the Financing and Separate Agreement for the second phase of the “Rural Development Programme” (RDP) on 20 September in Yangon.
Additionally the DRD will be trained in road maintenance, planning, procurement and supervision to deepen essential capacities for the successful handling of road construction projects.
KfW is only Development Partner cooperating with the DRD in the field of rural roads improvement.
Germany has resumed its development cooperation in Myanmar in 2012 and Financial Cooperation (FC) in particular in 2013. During the first three years, EUR 65 million (approx. USD 75 million) FC funds comprising more than EUR 46 million (approx. USD 53 million) in grant funds and almost EUR 19 million (approx. USD 22 million) in loans have been committed by the German Federal Ministry for Economic Cooperation and Development (BMZ).

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