Construction Projects by Rangoon’s Inya Lake Suspended

RANGOON — Multiple construction projects on the site of a public garden occupying a peninsula in Rangoon’s Inya Lake were suspended on Monday by city officials, and will undergo an investigation. The projects have faced criticism from the public, the media and urban planners, for misusing public space intended for general recreation, and have faced scrutiny […]

Yangon MPs demand park protection

The Yangon Regional Government Rights Committee chairman Khin Maung Win has pledged to retake ownership of public parks. “We are monitoring the proposal on restoring ownership of public places for the people as a first priority. We are tracking the proposal to see whether the government will implement the proposal,” said Khin Maung on August […]

Meliá Yangon Hotel Opens in Myanmar

YANGON, MYANMAR — Meliá Hotels International has opened the Meliá Yangon, the first hotel operated by the brand in the country and a strategic project for its expansion strategy in the Asia Pacific region. Yangon is the country’s largest city and remains the biggest commercial center and main transit hub of the country, as well […]

Yangon Region govt plans to build more reservoirs

The Yangon Region government is planning to establish reservoirs to ensure a reliable drinking water supply in the future. In response to a question at the Yangon Region parliament yesterday, U Maung Maung Soe, the Yangon Region Development Affairs Minister, said the government unveiled a long-term plan to supply drinking water to Yangon residents in […]

Officials split over future of commercial projects on prime Yangon parkland

An outspoken Yangon City Development Committee member says he has ordered suspension of a number of construction projects on parkland beside the city’s Inya Lake, while the department responsible for contracting the companies says the projects are still going ahead. The decision in 2013 to allow eight companies to build commercial projects in Mya Kyun […]

New location for cancelled Shwedagon project

  The Myanmar Investment Commission has given Marga Landmark approval to build its mixed-use project on a new site, after the president called off the Hong Kong-based developer’s project last year, deeming the initial location too close to Shwedagon Pagoda. The project will now be built on 17.7 acres at the corner of Kabar Aye […]

New international style shopping plaza in Yangon

Officials took part in opening ceremony for the The Myanmar Plaza, offering a wide range of shops, restaurants and special events as part of a US $440-million development on Kabar Aye Pagoda road in Yangon. The event took place on December 4. The development includes office towers, a hotel and residential apartments. The shopping plaza […]

Heritage Trust Unveils ‘21st Century’ Blueprint for Rangoon

Following a four-year study of Rangoon’s urban landscape, the Yangon Heritage Trust has unveiled its vision to revitalize the former capital. Released on Wednesday and open to public consultation on the organization’s website, the ‘Yangon as a Great 21st Century City’ blueprint advocates preserving large tracts of Rangoon’s urban heritage as the city develops. The […]

HAGL begins presales of residential towers

HAGL Myanmar has begun presales for its 32-storey residential buildings, as it nears finishing its first phase of office space and a hotel. The HAGL Myanmar Centre on Kabar Aye Pagoda Road near Inya Lake and the Sedona Hotel is owned by Vietnam’s Hoang Anh Gia Lai. Earlier this year, the entire project was valued […]

Epic state auction hushes market

The big sell-off has finally arrived. The Privatisation Commission, charged with auctioning state-owned enterprises, on February 13 released a list of 268 sites that will be sold off nationwide, with a final bid submission date of February 24. There are 157 properties in Yangon up for grabs, including many in Bahan, Yankin, Insein, Hlaing, Mayangone, […]