Central enterprises
China State Construction signs contract with Myanmar Yangon municipal project
Seetao 2021-01-25 09:43
  • This project is China State Construction's first public construction project in Myanmar, with a construction period of 24 months
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Recently, China State Construction and the Yangon Urban Development Committee of Myanmar signed a general contract for the construction of the PS2&PS3 project of Yangon municipal flood control and drainage and auxiliary facilities.

Project details

The contract value of the project is approximately US$43.44 million, with loan funds provided by the World Bank, with a construction period of 24 months. The project content mainly includes the construction of about 6.3 kilometers of underground large-scale prefabricated interception/drainage structures and auxiliary facilities in the central city.

This project is China State Construction's first public construction project in Myanmar, achieving a breakthrough for the company in the new country market. China Construction Myanmar Branch has overcome many adverse effects of the new crown epidemic, carefully organized and planned, and stood out in the fierce international bidding. This project is the first World Bank funded project signed by China Construction in Southeast Asia in recent years. The signing of the project has consolidated China Construction’s market position in Myanmar and laid a solid foundation for continued expansion of the Myanmar market. Editor/Peng Xue

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