YANGON (Eleven Media Group/ANN): 10 new air-conditioned train carriages bought from South Korea will be up and running on the Mandalay-Myinkyina rail road in early March, according to the Ministry of Transport and Communications.
The new air-conditioned trains will take about 17 hours to travel the Mandalay-Myitkyina route, an hour less than other trains.
Myanmar Railways (MR) signed a contract agreement with the Dawonsys Company to buy 100 new modernised train carriages under the Korean loans on Dec 5,2018.
The Ministry will use a US$45mil loan from Economic Development Cooperation Fund (EDCF) of the EXIM Bank to buy the train carriages.
A vessel carrying the 10 new train carriages out of 100 and spare parts, bought under a loan from South Korea, arrived at the Thilawa Jetty, Yangon, on Jan 7.
Works to upgrade the Yangon-Mandalay railroad is a collaboration among Myanmar, South Korea and Japan.
Myanmar and Japan will also cooperate on the Hanthawaddy airport project, the ministry announced.
A total of US$2.7bil from Japan International Cooperation Agency will be used to upgrade the Yangon-Mandalay railroad under a five-year plan from 2018 to 2023. - Eleven Media Group/Asia News Network