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Myanmar to Start $2.5 Billion Yangon Station Revamp by Mid-Year

  • Station redevelopment is Suu Kyi government’s biggest project
  • Contract negotiations expected to be completed in two months
The Yangon Central railway station.
The Yangon Central railway station.Photographer: Brent Lewin/Bloomberg

Myanmar said a planned $2.5 billion redevelopment of the six-decade-old railway station in Yangon will get underway around June once contract negotiations are completed.

Talks with the preferred bidder for the revamp of the 25.7 hectare (63.5 acre) site in the commercial capital will take about two months, U Win Khant, permanent secretary at the Ministry of Transport and Communications, said in an interview.