Yangon needs 75,000 new apartments each year

Yangon will need around 75,000 new apartments to be built each year to accommodate the city’s growing population, but contractors are struggling to come anywhere close to this target. More than 330,000 people migrate to Yangon each year from elsewhere in the country, but formidable challenges remain to building enough accommodation to keep up with […]

Construction group calls for Condo Law changes

Weakesses in the new Condominium Law draft should be addressed before the law is passed, according to the Myanmar Construction Entrepreneurs Association (MCEA). The draft law was first introduced to the Pyithu Hluttaw in November 2012. It was expected to be passed in 2013 but has repeatedly been sent back to the drawing board, as […]