Myanmar plans to privatise railways

Myanmar trainMyanmar’s government is planning to privatise some of the state-owned railway lines soon, including the Yangon circular railway system, according to the Ministry of Rail Transportation, Eleven Myanmar reported.

The privatisation will include a Yangon circular train, a Yangon-Mandalay train and a Yangon-Myitkyina train. The plan is now under way and the Yangon-Myitkyina rail line will be prioritised, the ministry said.

Many changes have been made in Myanmar’s railway sector since 2011. The Yangon-Mandalay railroad and the Yangon circular railway system are currently undergoing upgrades. Buildings under the ministry have been rented out to private companies, and a plan to renovate the Yangon Central Railway Station is also under way.

The ministry said that only a few of the more than 400 train lines under its management across the country can be described as money-makers



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Myanmar’s government is planning to privatise some of the state-owned railway lines soon, including the Yangon circular railway system, according to the Ministry of Rail Transportation, Eleven Myanmar reported. The privatisation will include a Yangon circular train, a Yangon-Mandalay train and a Yangon-Myitkyina train. The plan is now under way and the Yangon-Myitkyina rail line will be prioritised, the ministry said. Many changes have been made in Myanmar’s railway sector since 2011. The Yangon-Mandalay railroad and the Yangon circular railway system are currently undergoing upgrades. Buildings under the ministry have been rented out to private companies, and a plan to...

Myanmar trainMyanmar’s government is planning to privatise some of the state-owned railway lines soon, including the Yangon circular railway system, according to the Ministry of Rail Transportation, Eleven Myanmar reported.

The privatisation will include a Yangon circular train, a Yangon-Mandalay train and a Yangon-Myitkyina train. The plan is now under way and the Yangon-Myitkyina rail line will be prioritised, the ministry said.

Many changes have been made in Myanmar’s railway sector since 2011. The Yangon-Mandalay railroad and the Yangon circular railway system are currently undergoing upgrades. Buildings under the ministry have been rented out to private companies, and a plan to renovate the Yangon Central Railway Station is also under way.

The ministry said that only a few of the more than 400 train lines under its management across the country can be described as money-makers



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

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Personal Info

Donation Total: $10.00

 

 

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