Squatters delay Hlaing Tharyar housing

A low-cost housing project for workers in Hlaing Tharyar township has been delayed by squatters who refuse to vacate land set aside for the project. The prevalance of squatters at the low-cost housing site has kept the project from moving forward. Photo: Aung Htay Hlaing / The Myanmar TimesThe prevalance of squatters at the low-cost […]

Low-cost housing should be first priority

Myanmar is well behind target on delivering low-cost housing units to the people who need them most, according to developers. While authorities have commissioned several affordable projects in Yangon, the country’s commercial city still faces a housing shortage, said Cyrus Pun, head of real estate at Yoma Strategic Holdings. He said the government should focus […]

YCDC to take over management of two industrial zones

Yangon City Development Committee will soon take over management of the last two privately owned industrial zones in Yangon as the Ministry of Construction moves to transfer power to the local authority. The ministry’s Department of Urban and Housing Development (DUHD) has been transferring oversight of Yangon’s 28 industrial zones to YCDC since 2012. The […]

Can EITI membership make resource revenues transparent?

It can be easy joining groups: The challenge is in seeing the membership through. Myanmar signed up to the Extractive Industries Transparency Initiative (EITI) on July 2. The agreement promotes openness and accountable management of revenues from natural resources, requiring annual disclosure of taxes and other payments by oil, gas and mining companies to governments. […]