Harnessing investment into Yangon’s development

The construction market has slowed considerably in Yangon over the past year but developers hope that good times for the industry will return under the new government. When the Union Solidarity and Development Party first took power, development boomed, with high-rises, flyovers, bridges and luxury condominiums built at speed, fuelled by both foreign and local investment. For the […]

New Yangon business district to cost $350m

A New central business district in the north of Yangon will be built at a cost of almost US$350 million, with construction to begin next year, pending Myanmar Investment Commission approval. The build, operate, transfer project was tendered by Yangon City Development Committee in 2014 and won by a subsidiary of Myanmar V-Pile called First […]