Lido road to upgrade under BOT basis

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At the 11th regular session of Pyithu Hluttaw held on 29 October, Hluttaw Representative U Myo Swe raised a question whether any arrangement to upgrade Ledo highway. Deputy Minister U Soe Tint of Ministry of Construction replied that local Royal Jade Dragon Company in cooperation with Htainmain Construction Company of PRC is proposing to upgrade the Myitkyina-Nan-itee-Tanning-Pansung-Ledo highway on BOT basis. The Ministry is considering if the proposal is complied with 21 BOT principles in detail. If complied it will be permitted on BOT basis.

This world famous Ledo highway was constructed by Allied Army duringkVorld’War 11 from Ledo, a border town in India through the Hukaung valley, Pansung valley and Namtee to Myitkyina, thence to Kuming in China. It is 1079 miles in length.

Source : The Traveller, Vol 2, No, 23

This post has already been read 158 times! Doing Business in Myanmar.

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