Transport

Once a sleepy city where cars were rare, Yangon is now a bustling urban center. The spike in activity has been very positive for economic growth, but has placed pressure on infrastructure. Myanmar’s government has recognized the need to modernize transport capacity and update the legal framework that governs the sector. To that end, international experts have gathered in Yangon to plan and guide transport development of Myanmar’s largest city. Public-private partnerships are the preferred means of executing infrastructure projects in Myanmar, and it is estimated that planned improvements will cost $433bn through 2030. The completion of projects to improve airports, roads, railways and ports will be a significant step forward for Myanmar as it seeks to integrate itself into the global economy. This chapter contains interviews with U Htun Myint Naing, Chairman, Asia World; and Liew Mun Leong, Chairman, Surbana Jurong and Changi Airport Group.