Long Term Agreement for Improved Bus Terminal in Mandalay

proposed bus terminal prototype in Mandalay MCDC

Under the guidelines of Mandalay Investment Commission, the termi­nal will be upgraded and modernized in line with international standards. This will include new lounges, centers for ticket sales, restaurants, super­markets, shopping malls, hotels, and condominium units according to the signing ceremony at Man­dalay Regional Government Office, on October 10, 2017.

Based on the agreement between the company and MCDC, the company has to pay K3 billion ($2.19 million) per year for 50 years to the YDCD for the leasing of the terminal grounds, according to U Kyaw Zaw Aung, Member of Mandalay City Devel­opment Council told My­anmar Business Today.

Source: Long Term Agreement for Improved Bus Terminal | Myanmar Business Today

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