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Private partners sought for airport development at Mandalay in Myanmar

Since landmark elections were held in Apr-2012 and won by Aung San Suu Kyi’s National League for Democracy, events have been moving swiftly in Myanmar, formerly Burma. The election signalled the start of a more favourable business environment, including for the aviation sector. Several Asian carriers and airport operators have identified expansion opportunities in Myanmar, one of the most under-served markets in Asia and perhaps the world. Now, after inviting investors to help construct a second airport for Yangon, the government has made it known it is seeking private-sector partners to help develop Mandalay International Airport, which serves the country’s second largest city and largest tourist destination, into a logistics centre.

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