Myanmar: New joint venture to bring order to Yangon bus chaos
Myanmar: New joint venture to bring order to Yangon bus chaos
Tuesday, 05 July 2016 – The Yangon Region government is forming a new public-private partnership (PPP) company, as part of a city-wide reform of the chaotic public transport system. Bus line owners are eagerly awaiting the overhaul, but want the authorities to provide infrastructure and financial aid to help them manage the shift.
The government set up a public-private sector joint venture last year – Yangon PPP Company – to oversee a new Bus Rapid Transit system for the country’s largest city. The new system – BRT Lite – began operating earlier this year using new vehicles, which drive in a dedicated lane and have priority over ordinary buses.
The scheme was based on a 2013 plan by the Japan International Cooperation Agency for a Bus Rapid Transit system. Read More?