📋 Tender Overview
ScopeThe project will involve redevelopment of a 25.7-hectare site around the Yangon Central Railway Station into a new central transport hub surrounded by housing and commercial amenities. The transport hub will blend heritage and modern development by preserving the historic old railway station main building dating back in 1954 and linking it to a new station constructed above the rail tracks. The mixed-use development will consist of six different zones to include a high-end commercial district office towers condominiums business hotels and serviced apartments as well as a green park and a railway museum. Yangon Circular Railway Line was established in 1954 and it has been supporting forYangon City public transportation since last 60 years ago. In year 2014 the JICA Study Team prepared YUTRA Planand improvement survey of YCR line and then they considered as the improvement of YCR line is one of the most importantYangon Region transportation projects. In Consequencethe improvement of YCR project was conducted Feasibility Study by JICA Study Teamin 2014. In year 2018 this project wasstarted by the JICA ODA Loan with the national budget. The Civil Engineering works for this upgrading project is conducted by the national budget and the signal telecommunication work and the procurement of Rolling Stock wereconducted by the JICA ODA Loan. As promote as railway line the upgrading of stations buildings and facilities are also essential needed. Among 38 stations along YCR line some station are accessible for the Urban Transport Network. Some stations could be performed as rail concerned business and comprehensive development in align with the Yangon City development. In current situation the operation ratio Expenditure Income of State Own EnterpriseMyanma Railways is over 200 and the Government Subsidisation is needed for every year. Even the government subsidize to MR the services and facilities are in poor conditions and it is needed to change to corporatization for sustainable development. For changing and uplifting of this situation Myanma Railways is starting the infrastructure development by implementing the major upgrading projects The project will provide a safe efficient and comfortable transport hub while preserving the heritage value of the Yangon Central Railway Station and other nearby landmarks. It will be Myanmars first ever transit-oriented development TOD bringing residential business and leisure facilities within a walking distance of a major transport interchange. Although YCR railway line have been upgraded the image and performance of existing railway stations are still poor and low passenger services. For that reason YCR stations are needed to be designed as attractive comfortable and harmonized with city development. On the other hand we also aligned the station area development to perform the business industry so as to promote the return from railwayrelated business. The existing problem of
