Jan 2, 2013

Yangon circular railways to be extended

Yangon circular railways will be extended to Thilawa Special Economic Zone under the management of Japan, according to the Yangon circular train system renovation and upgrading project.

The extension of railways is expected to be completed by 2015. The circular trains go around the city 21 times a day.

The project will be divided into several stages, and the construction will start next month.

For the first phase, about 450 hectares of land in Thilawa Special Economic zone will be developed by Myanmar and Japanese companies.

“We will extend the railways through heavily populated area to Thialawa Special Economic Zone…the project will create more job opportunities,” said head officer Win Naung of the Myanmar Railways.

About 45,000 job opportunities will be created according to the master plan.

Japan is financing the current and future railway projects of Myanmar with low interest rate.

Source: Eleven Media Group