The submission of tenders for the Yangon Elevated Expressway Public Private Partnership Project Phase-1 was closed at a ceremony in the hall of the Ministry of Construction in Nay Pyi Taw on Tuesday. The program was jointly conducted by the Construction Ministry and the International Finance Cooperation (IFC).
Union Minister U Han Zaw, Deputy Minister for Construction, U Kyaw Lin, department heads, officials, IFC representatives, and officials from companies which have submitted tenders for the project attended the event.
Speaking at the event, U Han Zaw thanked the companies submitting prequalification applications for the elevated expressway project.
“The applications will be checked and accepted before the companies,” he said.
Afterwards, Director-General U Kyi Zaw Myint, secretary of the Construction Ministry’s tender committee, explained the tender rules and procedures to be followed.
Later, officials from the tender committee and the IFC checked the prequalification applications submitted by the companies and announced the tender submission list.
The event concluded after Deputy Minister U Kyaw Lin delivered a speech.
The Ministry of Construction will implement the Elevated Expressway construction project at the Inner Ring Road of Yangon City. The project’s first phase will be undertaken through a Public-Private partnership (PPP) in the East Wing of Yangon City.
Prequalification applications for the elevated expressway project’s Phase-1 were invited in September. The list of selected companies will be released November-end.
Requests for proposals will also be invited then.
(Translated by Kyaw Zin Tun)