Yangon’s skyline is set to rise

From four buildings with more than 20 floors, Yangon is destined to welcome more high-rises in the next five years. “Yangon is a clean city, if you look down from Shangri La Residence Tower,” said John Anderson, managing director of Meinhardt Myanmar. “In five years, it will be dusty as lots of construction works take […]

Yangon’s urban-development plans are self-defeating, critics say

Residents of Yangon are generally unexcited by the government’s plans to build more low-cost projects, citing the high prices and negative consequences of the projects to land prices and rents in the commercial city. Asked about this, Zaw Zaw, a resident of a northern section of Dagon Myothit Township, simply said “We can’t afford them.” […]

Market potential for boutique hotels in Yangon

YANGON: According to industry players, Myanmar’s commercial city, Yangon, should consider repurposing or refurbishing existing buildings into hotels. Many said it will provide the accommodation which is badly needed throughout the city. Frederic Goubet, chairman of The Loft Hotel, said: “We provide a certain answer to the deficit (in accommodation) but we did it with […]

Asia World Co. urges the Government to take back the Nay Pyi Taw Air Port

The Asia World Company, the contractor for the Nay Pyi Taw International Airport, has urged the government to scrap this project which they said will not be profitable because very few airlines fly to this administrative capital. The Airport is being financed by the loan from China’s Import and Export Bank and the Myanmar Government […]