Surbana Jurong goes underground to expand Myanmar business

Surbana Jurong has added Yangon’s first underground pedestrian walkway, an airport and a special economic zone to its list of Myanmar projects, the Singaporean infrastructure consultancy announced this week. Shwe Taung Development awarded Surbana Jurong the contract for the 30-metre underpass last week. The country’s first underground walkway will be located on Pyay Road and […]

15 companies short-listed for Yangon Central Railway Station development tender announced

Myanma Railways has shortlisted 15 firms and joint ventures, including a number of well-known local companies, that responded to an EOI to redevelop Yangon Central Railway Station and the surrounding area in downtown Yangon. This is the railway ministry’s second attempt to tender the project, after an initial tender called in 2014 was cancelled last […]

Once-Cancelled Dagon City 1 Project Relocated to New Site

RANGOON — The government has relocated a controversial international development project to a new site after it was suspended seven months ago following a public outcry over its proximity to the Shwedagon Pagoda. The Myanmar Investment Commission (MIC) on Friday approved a new 17 acre site for Marga Landmark’s Dagon City 1 mixed use project, […]

Take two for Yangon Central tender

Myanma Railways has invited companies to submit expressions of interest (EOI) to redevelop Yangon Central Railway Station and the surrounding area, after an initial tender was cancelled earlier this year, reportedly due to a lack of suitable applications. “We have invited companies to submit an EOI. After they propose, we will call a tender again,” […]

Dagon City Saga – A vote of confidence in the future of Yangon City as a livable heritage city

Shwedagon Pagoda is the defining landmark in the City Center – no high-rise is allowed within a 1.6 km radius Source of photo: I am a Singaporean who runs a business consultancy in Myanmar since early 2013. I think most foreigners have very little understanding of what goes on in Myanmar. I have seen […]

Shwedagon and Yangon cannot be divided, says forum speaker

Shwedagon Pagoda is the historical and cultural centre of Yangon, and if its character should fade, the character of Yangon will also fade away, said Daw Hlaing Maw Oo, assistant director of the Department of Human Settlement and Housing Development’s Urban and Regional Planning Division. If modern high-rise buildings are built close to the pagoda, […]

Developer warns against rumours on paused project

MARGA Landmark has issued a statement clarifying its mixed-use Dagon City One project and warned against what it calls critics spreading wrong information and engaging in groundless speculation. Dagon City One is one of five projects that have been temporarily suspended by government authorities since February, following public concern that the projects may affect the […]

Five projects near Shwedagon are suspended

Five large construction projects have been suspended by government authorities due to concerns over proximity to Shwedagon, according to local media. The Thu Kha Yadanar Co, Shwe Taung Hday Development, Dagon City 1 by Marga Landmark, Shwe Taung Development and Adventure Myanmar Tour and Incentives projects have all been put on hiatus while Yangon and […]

IRD launches special taxation office

The Internal Revenue Department (IRD) has launched a taxation office on April 1 to improve tax services for large businesses and corporations. Experienced tax officers have been hired to provide high quality services at the newly opened Large Taxation Office, which will work together with the taxpayers to provide accurate information on filing taxes. The […]