Prequalification Applications Submitted for The Yangon Expressway Project
November 28, 2018A total of 12 prequalification applications have been received by the Ministry of Construction on 13 November 2018 for the first phase of the Yangon Elevated Expressway project. As expected, and given the size of the project, most of the applicants are consortia. Only French construction company Vinci Highways, Chinese companies China Communications Construction Company Ltd and Power Construction Corporation of China and Filipina company Metro Pacific Tollways Corporation submitted sole bids.
Three of the consortia include Myanmar companies, namely Shwe Taung Expressways Co., Ltd., Myanmar License Contractors Public Co. and Denso.
The Ministry of Construction is currently reviewing the applications in line with the criteria set out in the request for qualification and is expected to announce the list of prequalified bidders shortly.
VDB Loi advises the International Finance Corporation as local counsel for this project.
KEYWORDS
RELATED EXPERIENCES
Related Articles
- Successful Land Conversion for Power Generation: A Comprehensive Guide to Farmland Conversion for Commercial Projects in Myanmar
- July 9, 2024 - 新规:缅甸投资委员会延长获批投资企业在新缅甸投资在线系统中重新录入信息的截止日期
- March 19, 2024 - New Announcement: The MIC Extends the Deadline for Permit and Endorsement Holders to Re-register in the New Myanmar Investment Online System
- March 19, 2024 - Foreign companies are added to the exemption list of mandatory forex conversion
- February 28, 2023 - Importers/Exporters can request approval to buy USD through the Ministry of Commerce
- April 20, 2022