Real estate rush in Twante township

In the eyes of land speculators the stars are aligning for Twante township on the outskirts of Yangon, which is swiftly being linked to the city by new roads and bridges and is located beside a huge new development project, the Southwest New City. The sleepy township depends on agriculture and most of its residents are farmers, […]

Residents demand pay for new Yangon bridge

Sampan operators and homeowners who have been asked to make way for a new bridge that will link downtown Yangon to a huge new development to the southwest of the city are demanding hundreds of millions of kyat in compensation. The groundbreaking ceremony for the controversial Southwest New City is scheduled for March 27, with construction to follow as fast […]

Yangon ‘new cities’ passed on to NLD

Yangon authorities have tried to launch a city expansion project, in various guises, for the past two years, but have met widespread opposition and made little progress. The latest plan, to build seven satellite towns, was made public in July. It was announced shortly after a multi-billion-dollar contract – awarded in 2014 to Chinese investors to […]

First winner coming in New City tender

Yangon Region is set to announce the winning developer for one of the seven proposed new city projects on September 22. The Southwestern New City is at the same site that was at the centre of the controversial New City proposal a year ago, when it was revealed in a surprise announcement in regional parliament […]

Fresh opposition for relaunched ‘new city’

A controversial Yangon expansion plan is again being picked apart in parliament for a lack of transparency over who will build it. The government invited tenders in July for what was proposed as one of seven satellite cities in a temporarily suspended plan that was revamped and approved in June. More than 50 companies signalled […]

Developers pile in to tender for Southwest New City

In a sign of renewed confidence in a controversial project, more than 50 companies have signalled their interest in developing Southwest New City. Regional government officials say all have bought tender forms in preparation for bidding to take part. Yangon regional government invited tenders last month for the 11,716-acre site, bordered by the Pan Hlaing […]