Construction to begin in August on the Korea-Myanmar Friendship Bridge in Yangon.
Also known as Yangon-Dala Bridge, regional Chief Minister U Phyo Min Thein confirmed construction to begin in this month, at a regional investment committee meeting in July.
Spanning the Yangon River, the bridge is funded by South Korea’s Economic Development Cooperation Fund (EDCF)—will link downtown Yangon and Dala Township.
South Korean builder GS Engineering & Construction has won a construction deal in Yangon, the biggest city and former capital of Myanmar.
According to GS E&C, it received a letter of acceptance from Myanmar’s Construction Ministry last week for the project worth 174 billion won ($154.8 million). With the government paying over 3.64 billion kyats in compensation to residents for land, that was needed for the project.
A 4.3-kilometer-long bridge will be built to connect the central business district in Yangon with the Dala area, the company stated.
Media sources state regional Chief Minister Thein also said that some Yangon Bus Service (YBS) lines will have to be diverted. Bonegyi Street will be closed to YBS buses for a year and five months from Aug. 1, 2019 through October 2021.
The four-lane, cable-stayed bridge will be 6,144 feet long with a clearance of 160 feet and flanked by a 4-meter-wide pedestrian walk, according to the Construction Ministry.
Source: Colliers International Myanmar
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