Condominium Rules to be Finalised in December

THE Ministry of Construction has put concerted efforts to finalise the condominium rules, which will include exact provisions and procedures before the end of December, according to a spokesperson of the ministry’s Department of Urban and Housing Development. The ministry and relevant organisations have been developing the Condominium Law since 2013. It aims to establish […]

Solving the Yangon housing shortage

Amid estimates that Yangon’s population of 7 million-plus will move into double-digits in the next 10 to 20 years, what is being done to solve the commercial capital’s housing crisis? The problem is exacerbated by the slow pace of economic and social development, which keeps incomes down. Yangon, home to 7.3 million people, according to […]

MoC searches for toll gate solution

The Ministry of Construction has already closed more than half of the 300 road and bridge tollgates it has built, and is looking for ways to make up the lost revenue that would result from plans to close the rest. U Kyaw Lin, the permanent secretary of the ministry, told The Myanmar Timeson August 8 that […]

Construction Ministry compensates Pyinmana farmers for lands seized in 2003

THE Ministry of Construction has paid a compensation of K352.5 million for 171.97 acres to 284 farmers who lost their lands in 2003 for the construction of the Nay Pyi Taw-Pyinmana detour, said an official of the ministry yesterday. The ceremony marking the first time compensation payments was held in Nay Pyi Taw Council Area. […]

Ministry surveys Dagon Seikkan land for rental housing

The Ministry of Construction is surveying land in Yangon’s Dagon Seikkan township near Yuzana Garden City housing complex, with a view to building the city’s largest rental housing project to date, an official told The Myanmar Times. If the ministry deems the land suitable for development, it will call a tender for private contractors, said […]

Ministries to hold power over BOT condominium sales

Foreign investors will be able to buy condominium units in build-operate-transfer (BOT) projects on ministry-owned land if the ministry is willing to register the project, officials said yesterday. The Condominium Law passed last month opens the real estate market to foreign buyers for the first time, but makes no mention of BOT developments. This has […]

Mandalay-Muse highway to be upgraded to four-lane asphalt road

The Oriental Highway Company will upgrade the existing Mandalay-Muse two-lane highway to a four-lane asphalt road with a US$ 300 million investment. State-run daily newspapers reported on 1 February that the 283-mile long Mandalay-Muse highway will be upgraded at a cost of US$ 1.2 million per mile. The Ministry of Construction gave the contract to […]

Bids invited for upgrade to Yangon – Mandalay highway

The Ministry of Construction is planning to upgrade the Yangon-Mandalay highway to an international standard following a high-profile crash last year. Though hundreds of accidents take place each year on the expressway, last year on May 12, 2014, a bus left the road and fell off a bridge, killing 12 people and injuring another 29. […]

Govt surveys Yangon bridge

A new bridge being planned for Yangon’s Kyeemyingdaing township could mean the difference between life and death for villagers on the other side. The Ministry of Construction has been working with a Japanese company in initial preparations for the 2700-metre (8000-foot) bridge, parliament heard on March 25. Deputy construction minister U Soe Tint told Pyithu […]