IFC pushes for PPP projects to spruce up Myanmar infrastructure

IFC pushes for PPP projects to spruce up Myanmar infrastructure

Photo: Juliet Shwe Gaung. Sule Pagoda in Yangon.

International Finance Corporation (IFC) – the private lending arm of the World Bank – is advising the implementation of Yangon’s first elevated expressway under a public-private partnerships scheme.

The Ministry of Construction and IFC signed an advisory services agreement on January 11 to implement the 20.5-km-long four-lane elevated expressway spanning north and south of Yangon.

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