Plans laid for 20-year Ngwesaung development project

Plans for a 20-year Ngwesaung development project have been drawn and will be implemented in four five-year phases, in order of importance, according to Ministry of Hotels and Tourism.

The socioeconomic development plan is designed to urbanise the beach village, introducing infrastructural development such as electricity, telecommunications and even a small airport, as well as environmental conservation regulations.

The ministry met with Thailand-based LP Holding Co Ltd and KTGY Inter-Associates Ltd this month to discuss the project.

Union tourism minister Htay Aung said the ministry will help with infrastructure construction.

The beach receives around 50,000 foreign and local visitors annually, which is lower than other beaches, probably due to poor infrastructure.

Myanmar’s coasts receive a total of about 500,000 visitors annually, most of whom go to Chaungtha Beach.

Plans to distribute more electricity to Chaungtha, Ngwesaung and Ngapali beaches will be carried out over the next two years.

Source: Eleven

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.

 Opportunities from COVID19


Looking for foreign investors to invest in your business in Myanmar