Concession Agreement signed to upgrade Yangon International Airport

posted in The Global New Light of Myanmar

Department of Civil Aviation has invited private sector to participate in upgrading the government-run Yangon and Yangon international airports and carrying out airport services, Union Minister for Transport U Nyan Tun Aung said at the signing ceremony of a Concession Agreement on Yangon International Airport project between DCA and Y an- gon Aerodrome Co., Ltd. at the office of Asia World Port in Ahlon Township, here, on 6 January.

He said that the DCA held meetings for 19 times with Pioneer Aerodrome Services Consortium to sign the project agree- ment. They took approv- als from the office of the Attorney-General of the Union and the Union gov- ernment for signing the concession agreement, he added.

Union Minister U Nyan Tun Aung, Direc- tor-General U Win Swe Tun of DCA and Chairman of Yangon Aerodrome Co., Ltd. U Tun Myint Naing signed the Yangon International Airport con- cession agreement.

The department con- ducted a prequalification for local and foreign in- vestors from 25 October to 5 December 2012 and announced the list of 11 qualified organizations at State-run newspapers on 7 February 2013. Of them, seven organizations submitted tender propos- als for the project. The department announced tender winner Pioneer Aerodrome Services Con- sortium and reserved Yongnam-CAPE-JGC Consortium on 10 August 2013 through State-run newspaper.