Applications for public rental housing to open in February

The Yangon Region government will start accepting applications in February for public rental housing for people who cannot afford to buy homes, according to Kyaw Soe, the regional minister for forestry and energy. At the special session of the Yangon Region parliament yesterday, the regional minister replied to a question raised by Dr Nyo Nyo […]

Three companies submit tenders for Yangon New City Project

YANGON—Three companies, including Shwe Popa International Construction Co Ltd, a subsidiary of Shwe Than Lwin Co, submitted tender bids for Yangon New City Project. An opening ceremony for the preliminary tender for the project was held at the Yangon Region Government Committee Office on September 22 under the supervision of the Yangon Region Minister for […]

Developers start applying for tender over new town plan

More than 20 developers have purchased tender application forms for the Yangon new town plan, according to Yangon regional government. “They just bought application forms; they haven’t applied yet. They have to apply for bidding by August 18,” said an official from the regional government. The application forms started selling on July 12, at Ks […]

Yangon Region government sees record budget deficit in 2015-2016 FY

Yangon Region Ministry of Finance put forward a budget report for the 2015-2016 fiscal during the meeting held in Yangon on April 2, which reported a deficit of more than Ks 120 billion. This deficit is twice the size of last year’s deficit. Yangon Region earned a total revenue of approximately Ks 404 billion in […]