Vehicle inspection system blocked by absence of by-laws

DESPITE securing Japanese financial assistance to mechanicalise vehicle inspection protocol of the Road Transportation Administration Department, the Pyithu Hluttaw Transport, Communication and Construction Committee has announced the absence of motor vehicle by-laws is hindering the process. “The current method of vehicle inspection poses great danger as it is conducted in person by department staff. The […]

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 […]

Yangon chief minister vows corruption fight

The new chief minister for Yangon region U Phyo Min Thein has promised that his government will clean up corruption over its five-year term. U Phyo Min Thein, a National League for Democracy MP for Hlegu, was nominated yesterday by President-elect U Htin Kyaw and approved by the Yangon Region Hluttaw without objection. Speaking to […]

Capital Development Ltd to Start Dishing Out Yangon Condo Units

Local construction firm Capital Development Ltd will soon start handing over condominium units to customers at its GEMS Garden Condominiums project in Hlaing township in Yangon. The project’s initial plan comprise four condominium complexes with 21 storeys on 12 acres of land. U Tin Maung Win, director of Capital Development Ltd, said the companies completed […]

GEMS Garden Condomium: First two towers finished

Two of the structures are now completed at GEMS Garden Condominium, according to company officials. The development, started in 2013 by Capital Development Limited, a subsidiary of the Capital Diamond Star Group conglomerate, is now planning to finish its last two towers by the end of this year and residents can move in around 2016 […]