Myanmar Project Bank

Yangon Circular Stations Development Project

Project Factsheet
Status:
New
Start:
FY2020-2021
End:
FY2021-2022

Sectors

Rail transport

Project Description

The project involves upgrading of the following three stations of the Yangon Circular Railway (YCR):

• Shan Lann Station

• Hantharwaddy Station

• Kyoe Gone Station

Myanmar Railways intends to develop public spaces around key YCR stations following transit-oriented development (TOD) principles with effective land value capture (LVC) and mobilization of private capital to increase the economic and financial viability of YCR and maximize the local accessibility benefits of a mass transit system.

Project Expected Benefits

Upgrading of the three YCR stations will promote use of sustainable low carbon public transportation system; support small and medium enterprises (SMEs); improve safety, comfort and level of service to passengers; and encourage use of PPP scheme.

Locations

Yangon Region

Total Project Cost

1.84M

Financing Type

Inviting Additional Financing

Implementing Government Agency

Myanma Railways, Ministry of Transport and Communications

Myanmar Sustainable Development Plan Alignment

  • Pillar 1:
    Peace & Stability
  • Pillar 2:
    Prosperity & Partnership
  • Pillar 3:
    People & Planet
  • Goal 1
  • Peace, National Reconciliation, Security & Good Governance
  • Goal 2
  • Economic Stability & Strengthened Macroeconomic Management
  • Goal 3
  • Job Creation & Private Sector Led Growth                           
  • Goal 4
  • Human Resources & Social Development for a 21st Century Society
  • Goal 5
  • Natural Resources & the Environment for Posterity of the Nation

Contact Detail

Nyi Nyi Swe
General Manager / Myanmar Railway Transport, Ministry of Transport and Communication
dgm.planning.mr@gmail.com