The Infrastructure Concession Regulatory Commission (ICRC), says the approval for the concessioning of three ports and other projects by the federal executive council (FEC), would generate significant revenue for the country.
According to the government of Myanmar, talks are under way on restarting a 1,215km railway across the country, between China’s Yunnan province and the Bay of Bengal, Voice of America reports.
After pandemic-related delays, Myanmar's government says field inspection and reports are complete for the railway that would give China a shipping route bypassing the possible chokepoint at the Straits of Malacca
Stock Market | FinancialContent Business Page financialcontent.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialcontent.com Daily Mail and Mail on Sunday newspapers.
With a new section launched on Monday, a high-speed railway line that passes through the area best known for the Three Gorges Reservoir has become fully operational in China.
Official bodies from Brazil and Peru have expressed concern about the social and environmental impacts of the proposed interoceanic railway, which will connect the coast of Peru and Brazil, cutting through 621 miles of pristine rainforest.In a report in January, Brazil’s state-run rail operator Valec said construction of a stretch of the route straddling the border with Peru,