Jun 16, 2015

$2 Million Allotted for Domestic Airport Upgrades

The government has allotted K2.14 billion ($1.93 million) to upgrade several airports over the course of this fiscal year 2015-16, the Ministry of Transportation announced.

The development of domestic airports in Myitkyina, Putao, Bamaw and Naungmon in Kachin state will be prioritised.

Last fiscal year, Myitkyina and Putao airports were upgraded with K600 million ($542,000) and K360 million ($325,000) in funds respectively. An airstrip in Naungmon was also built at a cost of K1 billion ($904,000).

The government has spent over K6.9 billion ($6.32 million) for upgrade works at Myitkyina, Putao, Bamaw and Naungmon airports since 2012-13 fiscal year.

Source: Myanmar Business Today