YANGON, 21 August 2013: Myanmar’s Minstry of Transport announced the
winning bids to improve two existing airports and build a green fields
airport near Yangon.
The three airports are: Yangon International Airport; Mandalay
International Airport; and the proposed Yangon gateway project,
Hanthawaddy International Airport.
Local media reported that Pioneer Aerodrome Services, a Myanmar
company, won the tender to renovate Yangon International Airport, while
Singapore- based Yongnam-CAPE-JGC was selected as a back-up.
Japan-based Mitsubishi Corporation was selected to renovate Mandalay
International Airport, with France-based VINCI Airports selected as the
back-up company.
South Korea’s Incheon Airport consortium was selected to build
Hanthawaddy International Airport, while Yongnam-CAPE-JGC selected as
the back-up operator.
Incheon airport officials will arrive in Myanmar, later this month,
from South Korea to negotiate the development of Hanthawaddy
International Airport, an entirely new project that will ultimately
become the main airport for Yangon.
The group was announced by Myanmar’s state media, 10 August, as the
preferred bidder to build the airport, which is slated to become the
country’s largest with a possible price tag of US$1.1 billion.
Negotiations between Incheon officials and Myanmar’s Department of
Civil Aviation are to begin at the end of this month and may take two or
three months to complete.
Discussions will focus on capacity, infrastructure connections, and
the relative roles of Yangon and Hanthawaddy airports, said Korean
embassy counselor and deputy chief of mission Park Jae-kyung.
Although the Hanthawaddy site is furtheraway from Yangon than the
existing airport, requiring a 90-minute transfer on current roads, a
proposed divided highway could reduce travel time significantly.
It should have a start-up capacity of around 12 million passengers
annually and will ultimately be larger than Yangon International,
according to a statement from Korea’s Ministry of Transport.
The ministry said the Incheon consortium includes South Korea firms
Halla Engineering and Construction, Kumho Industrial, Lotte Engineering
and Construction and POSCO ICT.
The airport will be developed under a build-operate-transfer agreement that will see it handed over to the government in 2067.
Preparatory work on the site began at the Hanthawaddy green fields
site in 1993, but ceased in 2004. The back-up tenderer is comprised of a
consortium of Yongnam Holdings Limited and Changi Airport Planners and
Engineers, both of Singapore, and Japan’s JGC Corporation.
All three projects are scheduled to begin early next year.
source: TTR Weekly
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