Yangon defends Kyaikkasan project

Yangon’s regional government has opposed the proposal submitted by MP Dr Nyo Nyo Thin on April 2 to cancel the business project to develop the famous Kyaikkasan Grounds.

Nyo Nyo Thin urged the regional government to stop the project, as it was not in accord with existing laws and regulations but her proposal was rejected by the Parliament.

“The project was not called to tender under rules and regulations set by Parliament. It is clear that the regional government allowed a group to make business by misleading the people that the sports and physical education institute would be upgraded. Although President Thein Sein talks about ‘clean government, good governance’ so people are amazed that the Ministry of Sports and the Yangon government are against the project,” she said.

“Nowadays most of the public places in Yangon are under development. People believed that the authorities who allowed the projects and the developers will take responsibility for what they have done and clarify whether what they have done is in accord with law,” said the MP.

Section 251 of the Constitution states that a region or state government shall implement projects that have been approved by their parliaments, she said.

Than Myint, Yangon finance minister, said the proposal should not be discussed further. He denied that the regional government could not manage or supervise the project for the grounds. Only the Ministry of Sports could manage the grounds and there had been no letters about the project sent to the regional government, he said. The MP should only submit a proposal after making sure who could manage and supervise the grounds, Than Myint said.

Source: Eleven Myanmar

NB: The best way to find information on this website is to key in your search terms into the Search Box in the top right corner of this web page. E.g. of search terms would be “property research report”, ”condominium law”, “Puma Energy”, “MOGE”, “yangon new town”,”MECTEL”, “hydropower”, etc.

To learn about the business opportunities in Myanmar click here


To evaluate the various segments of the market that you could possibly enter base on your competencies you can do a Custom Market Entry Strategy Research. You can see a sample report at page “Actual Sample of Client Report”. Click here to go to page.


Do you know that IE Singapore is giving up to SGD 20,000 support for Singapore company to venture into Myanmar? To learn more click here


If you are interested to be listed in our Service Provider Directory as a supplier of services or products that we can use to match with the needs of our clients in Myanmar please fill up the online form by clicking here