The PPP Center, created in late 2018 pursuant to the Project Bank Notification, has finally issued its first notification on guidelines for unsolicited proposals, dated 2 October 2020 (the “Guidelines”), nearly two years after its inception. The Guidelines apply to unsolicited proposals, i.e., proposals made by the private sector directly to a government entity for […]

VDB Loi has been assisting as local legal counsel to the International Finance Corporation (“IFC”), acting in its capacity as lead transaction adviser to the Ministry of Construction of the Government of Myanmar on the Yangon Elevated Expressway Project Phase 1, which is the first-ever international road Public Private Partnership (“PPP”) in Myanmar. VDB Loi […]

A total of 12 prequalification applications have been received by the Ministry of Construction on 13 November 2018 for the first phase of the Yangon Elevated Expressway project. As expected, and given the size of the project, most of the applicants are consortia. Only French construction company Vinci Highways, Chinese companies China Communications Construction Company […]

Myanmar is undertaking a series of reforms, both in terms of laws and policies, that strengthen the country’s attractiveness for energy and infrastructure projects. Many of these reforms, although they are crucial, are not widely known outside of Myanmar. Highlights of this note Major Projects in the Pipeline Reform of the Project Procurement Process: the […]

On the 15 June 2018 the Ministry of Construction (“MOC”), in partnership with VDB Loi, organized a landmark conference on Public Private Partnerships for Toll Roads in Myanmar. Highlights Overview Reports Panels First Step on the Road to Making the Yangon Expressway Project a Success

A Special Task Force has been launched in cooperation with the Japan International Cooperation Agency (“JICA”), to provide consultation services to new companies interested in listing on Yangon Stock Exchange.  Companies wanting to list on the YSX have to hire an underwriter, law and accounting firm, and this process can be somewhat difficult. The Special […]

The Union Ministry of Construction, in coordination with the Union Ministry of Transport and Communication, and the Yangon Regional Government seeks to implement its first ever elevated expressway, the Yangon Elevated Expressway. Highlights Situation of existing toll roads in Myanmar Myanmar has a lot of experience with toll road bot contracts, but not the right […]