With help from a World Bank loan and international guidelines, Yangon City Development Committee (YCDC) will solicit tenders for the overhaul of Yangon’s flooding and natural disaster infrastructure

28 กรกฎาคม 2560
With help from a World Bank loan and international guidelines, Yangon City Development Committee (YCDC) will solicit tenders for the overhaul of Yangon’s flooding and natural disaster infrastructure

The Yangon City De­velopment Com­mittee (YCDC) will solicit tenders for the overhaul of Yangon’s flooding and natural dis­aster infrastructure with the help of a World Bank loan and international guidelines.

The World Bank created the Myanmar Southeast Asia Disaster Risk Man­agement Project (DRMP) as a solution to the havoc monsoon’s yearly flooding and inundation wreaks on Yangon’s urban ar­eas, according to Dr. Tin Tun Oo, Deputy Official of Engineer Department of Yangon City Develop­ment Committee (YCDC).

“All the details of the tender applications have to meet with World Bank guidelines,” U Tin Tun Oo, said. The guidelines place strict international standards on the tenders and a special emphasis on environmental impact and local job creation.

“Disaster risk manage­ment is critical to reduc­ing poverty. When food prices peak due to natural disasters and assets are lost, the poor and vulner­able feel the most pres­sure,” Abdoulaye Seck, the World Bank Country Manager for Myanmar, said.

World Bank is present­ing Myanmar with a $125 million loan to strengthen the country’s capacity to respond to natural dis­asters, $100 million of which will be allocated directly to managing Yan­gon’s flood risk by im­proving infrastructure, preparation, and reac­tionary programs.

Separate tenders will be solicited to local and in­ternational companies for renovating the drainage system, constructing wa­ter collection ponds, and building flood protection systems.

“Yangon faces high flood risk and is located in an earthquake-prone area. The project investments in the city’s drainage sys­tem, public facilities, and critical infrastructure will help achieve our aim of delivering high quality public infrastructure and services in the city,” said Yangon Chief Minister U Phyo Min Thein

Yangon Regional Gov­ernment and Word Bank will formally sign the loan agreement after approval from Pyidaungsu Hluttaw.

(Myanmar Business Today: http://www.mmbiztoday.com/articles/ycdc-and-world-bank-cooperate-flooding-infrastructure-tender )

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