Hanthawady International Airport to be ready one year later than schedule

A conceptual design of the Hanthawaddy  International Airport submitted by Yongnam  CAPE-JGC Consortium.—Photo: Supplied by DCA
A conceptual design of the Hanthawaddy International Airport submitted by Yongnam CAPE-JGC Consortium.—Photo: Supplied by DCA

Yangon, 25 Feb — Hanthawady International Airport Project will be commissioned into service in 2020, one year later  than its  target due to  some delays in implementation process, according to  the Department of  Civil Aviation.
Myanmar will borrow ODA loan from Japan for the project in Bago Region and the ODA loan with low interest rate from Japan is estimated to be around US$700 million which is equivalent to about 50 per cent of the value of the project, said U Win Swe Tun, Director-General of  the  department Wednesday.
Besides, loans from development banks will also be injected into the project, he added.
A committee for supervising the implementing Hanthawaddy International Airport led by Deputy Minister for Transport U Zin Yaw held its second meeting with the consortium of Yongnam and Changi Airport Planners and Engineering (CAPE) from Singapore and Japan’s JGC Corporation who won the tender for the contract to build Hanthawaddy International Airport.
The $1.4 billion project will be constructed on more than 9,000 acres of land where the Japanese army built an airport during World War II.
The Hanthawaddy International Airport project is the largest of three airport projects being undertaken to accommodate the growing numbers of foreigner travelers to Myanmar.
The number of tourist arrivals has also increased year by year, reaching 0.79 million in 2010, 1.06 million in 2012 and 2.04 million in 2013.
Located in the Bago region about 48 miles north east of Yangon, the international airport is projected to handle up to 12 million passengers a year.
It takes about 90 minutes for passengers by car from Bago to Yangon.— GNLM

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