Construction Ministry released the list of ten shortlisted companies which won the tender for the Yangon Elevated Expressway Project, on December 5.

The ministry received 12 qualified applications for the Yangon Elevated Expressway Project phase-1 which will be jointly implemented by the ministry and the Yangon Region Government under a Private-Public Partnership (PPP). The ministry shortlisted 10 out 12 companies. The qualified companies will have a chance to get the facts and records about the project.

They will have to submit their request for proposal later while The ministry will release the concession agreement afterwards.

Yangon Elevated Expressway Project is one of the government’s priority projects. The project aims to reduce worsening traffic jams and ensure a better transport system for the country’s economy and social works.

The ten short-listed companies are: VINCI Highways from France, Team Korea Construction from Korea, JFEE/Marubeni Consortium from Japan, China Communication Construction Company Ltd from China, a BSSIC Consortium which is a joint venture between Thailand, Japan and Myanmar, CRIG CDL Consortium from China, China Gezhouba Group Co., Ltd/Great Genesis Gems Co., Ltd from China, ITD-CSI JV between Thailand and China, Denso-CSCES Consortium which is a joint venture between China and Myanmar and Power Construction Corporation of China Ltd from China.