Myanmar: In October 2014, Myanmar granted preferential negotiating rights for the project to the consortium, according to The Japan Times. The Myanmar government plans to build the new Hanthawaddy international airport, which can handle up to 12 million passengers a year, in the Bago region, north of Yangon. With the deal, the consortium, which also includes Singapore Changi Airport Group, came a step closer Saturday to receiving a formal order for the airport construction project and its estimated $1.5 billion price tag. It hopes that about half of the total costs will be covered by the official development assistance from the Japanese government. Transportation systems linking the new airport with Yangon must also be constructed, prompting the Japan International Cooperation Agency to survey the situation to gauge whether it can offer help in this area through fresh ODA funds. The new airport is set to become operational in 2022, four years later than the original plan.
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