Interested companies have to pay a deposit fee of Ks 1 billion (over US$1 million) for each tender. The bridges will be prioritised projects this financial year.
The Myaynigone flyover will be 2,132 feet in length and 47 feet in width. Ngamoeyeik has 984 feet in length and 40 feet in width. The road has to be 28 feet in width and each pavement has six feet in width.
The proposals must be submitted to the secretary of Yangon regional government no later than June 30. Those which are accepted will be opened in front of witnesses and they will then choose the winners, the government said.
The Yangon regional government has planned to reduce traffic jams in Yangon using flyovers and arranged to construct flyovers at Hledan, Shwe Gone Tine and Bayintnaung since 2001. The Hledan flyover was constructed by Shwe Taung Development Company started construction on February, 2012 and finished on April 10, 2013.
FMI Co. Ltd., constructed Bayintnaung overpass on June, 2012 and Shwe Gone Tine flyover was constructed by Capital Development Company. Although the flyovers are finished, traffic congestion in Yangon continues to be a problem.
The Myaynigone traffic junction faces regular jams since 2013. The flyover is expected to cost more than Ks 16 billion (about US$1.6 billion) and the budget for Ngamoeyeik Bridge will be over Ks 9 billion (about US$9.3 million), according to Yangon regional government budgets.
source: Eleven Myanmar