Monday, September 17, 2012

Myanmar Seeks Partners for Airport Upgrade

Expecting an influx of tourists and foreign businesses, Myanmar's government is seeking private-sector partners to jointly develop Mandalay International Airport into a logistics center.
Successful bidders for the public-private project will work with domestic authorities to upgrade and operate the airport, which serves Myanmar's second-largest city and is one of three international airports in the country—the other two being in Yangon, the commercial center and largest city, and Naypyitaw, the ready-made capital.
The work would include improving and expanding the terminal building and other facilities, as well as managing passenger and cargo operations, ground-handling and catering services, and maintenance, Myanmar's department of civil aviation said in a statement last week. It didn't estimate the cost or offer a schedule for the project, which would involve private-sector financing.
As of Sept. 13, a total 30 companies had applied to participate in the Hanthawaddy project tender, according to Myanmar's civil-aviation department. All but two are foreign, from more than a dozen countries including China, Singapore, Germany, India, Japan, South Korea, Malaysia and the U.S.
17/09/12 Chun Han Wong/Wall Street Journal
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