Debate rages on Yangon waterfront’s future

The port facilities ringing Strand Road on the Yangon River are being upgraded even as some experts are calling for increased public use of Yangon’s waterfront. Myanma Port Authority is overseeing the construction of 10 new jetties by a range of companies, all of which are slated to open this year. Plans include constructing more […]

Private companies lease land plots for fuel storage and distribution

Over 135 acres owned by Myanmar Port Authority at Thilawa Special Economic Zone in Thanlyin and Kyauktan Townships of Yangon region have been leased to private fuel companies to operate fuel storage and distribution, according to Directorate of Investment and Companies Administration (DICA ). Five companies comprising PadaukShwewa, ThuriRaSweninn, ShweTaung, International Group of Entrepreneur and […]