Tender for Construction of 2 Low Cost House Projects at Hlaing Thayar Township . Closing Date 30th Sep 2016.

Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens.   Ministry of Construction Department of Urban & Housing Tender Invitation Yangon Region,Hlaing Tha-Yar Township,Thanlyn-Kyauktan Township,the Ministry of Construction,Urban and Housing Department is planning to develop low-cost and affordable housing complex and apartments at the following places: Hlaing […]

Construction Ministry to develop 8,000 affordable units in Yangon over two years

THE Ministry of Construction announced it will construct 8,000 affordable housing units in Yangon Region within two years according to Union Minister U Win Khaing. According to the ministry, around 40 or 50 buildings of five-story each will be built on 2000-acre of land this year. Low-cost apartments will be created to fulfill the needs […]

High-rise construction stopped for review

The new Yangon Region government is reviewing all high-rise building projects nine floors or higher to determine which will go ahead – even those already under construction. More than 200 high-rise building projects had received varying levels of approval under the previous administration, according to U Than Htay, head of YCDC’s building engineering department. Over […]

Myanmar govt suspends 68 projects, waiting for new administration

YANGON – The Thein Sein government has suspended 68 projects, including coal-fired power plants, mining and private sector deals, to allow the next government to manage the assets when it takes office, according to state-owned newspapers. The report was published shortly after MPs discussed an urgent proposal last week calling the government to scrutinise the […]

Shop owners quarrel over Mingalar market future

Construction of a temporary replacement for Mingalar Market, which was destroyed by a fire on January 9, may be delayed due to disagreement on whether to reconstruct the market or build a new one, shop owners say. Owners of spaces in the Yangon market disagree about its future, with a division mainly between those whose […]

Bamboo Shortage Strikes as Demand Rises

Local bamboo enterprises are facing a lack of bamboo for use as a raw material as demand for finished bamboo products has risen locally and abroad. There are very few local bamboo farms and bamboos produced from those farms are often exported to foreign countries. This is the reason why bamboo raw materials are rare […]

Pattko Alleges Foul Play in Economic Zone Tender; Calls for Re-examination

Pattko Global Development Company, which was one of the bidders for the tender of the second central economic zone project in Yangon, has alleged opaqueness in the tender awarding process and called for re-examination. The company said that the country has lost billions because of offering low rental rates to the winner. U Tin Hlaing, […]

Jade miner turns hand to Yangon condo

Nay Min Kabar Gems & Jade Mining Company has made its debut in the real estate sector, launching a mid-range condominium in Yangon through its subsidiary Green Development. Apartments in the Leaf Residence went on sale last week, spokesperson Ko Zaw Min Htoo told The Myanmar Times. Units are being sold-off plan for the 12.5-storey […]

Ayeyar Hinthar opens Ayeyarwady Farmers Development Bank

Ayeyarwady farmers could benefit as early as next year from a bank being set up to promote the development of agriculture, and eventually industry and fisheries. The regional government, with 15 partners of the Ayeyar Hinthar Companies Group, is launching the bank, known as the Ayeyarwady Farmers Development Bank, or Abank. Farmers can take out […]

Three Companies Submit Myo Thit Bids

Three companies have submitted tender bids to construct the Yangon New City (Yangon Myo Thit) Project, according to Ministry of National Planning and Economic Development of the Yangon regional government. “Initially there were fifty companies which bought the tender application forms, but only three companies successfully submitted the application. The tender evaluation committee will handle […]