Singapore Wins Myanmar Airport Contract

• 31 December 2015
• Local News
• 1618 Views

A US$1.5bn contract for Hanthawaddy International Airport, outside the Myanmar capital of Yangon (formerly Rangoon), has been awarded to a Singapore-led consortium.

Hanthawaddy is the largest of three airport projects planned for Myanmar in an attempt to modernise its airport infrastructure.

The contract was originally let to a consortium led by Incheon International Airport Corporation of South Korea in August 2013 but the tender was reopened in February this year after a dispute over the contract.

Myanmar officials are understood to be in talks with the Japan International Co-operation Agency to cover part of the construction cost. The project’s completion date has been pushed back from 2016 to December 2019.

Hanthawaddy will be located on a 3,600ha site about 77km northeast of Yangon. The project has been criticized for its distance from Yangon and the poor quality of the road that links it with the capital.