Small industrial zones lack government support

Investment should be directed toward upgrading the country’s ageing industrial zones, as the government contemplates launching new ones, say Yangon industrialists. As the Yangon Region government and Myanmar Investment Commission (MIC) mull the regeneration of the country’s industrial base, the owners of existing factories say more can be done to make them competitive. U Ko […]

Government plans housing for 16,000 factory workers

The government is planning a housing rental project for 16,000 factory workers from Hlaing Tharyar and Shwe Pyi Thar industrial zones, according to Daw Win Maw Tun, deputy minister for labour, in the first such move to support the private sector. The housing will be dormitory-style for single men and women, with the intention to […]

YCDC’s $10m toilet and toll-gate tender

Yangon City Development Committee has finished its annual tenders for private companies to run 37 businesses under its Departments of Revenue and Markets, such as toll gates and public toilets. The 37 separate tenders have generated about K9.97 billion (US$9.65 million) in income for city coffers, with the winning companies set to take over the […]

Angry Thilawah SEZ residents to take legal actions

Angry Thilawah Special Economic Zone (SEZ) residents and land-owners are preparing to take legal actions against the divisional government over compensation. “The Yangon divisional government informed us to wait for a week on August 23. They assured us that they would negotiate the best offer. We would contest a legal suit if they do not […]