fbpx

Yangon sets sights on smart-city goal

As the world advance, Yangon city has to become a smart city and also be made more liveable, said Yangon Region Chief Minister U Phyo Min Thein during the 10th anniversary of Barcamp Yangon held recently.

BarCamp is an international network of user-generated conferences primarily focused around technology and the web.

The Yangon Region government is aiming to make all things more affordable for people in the city and make it a green, liveable commercial city that embraces its urban heritage, U Phyo Min Thein said.

The present, the ideas are based on Yangon Master Plan 2040, which was drafted with the help of the Japan International Cooperation Agency (JICA).

Part of the plans call for Yangon to be developed as modern port city and economic centre.

“Yangon Port is in the city area so we have to consider moving it outside the city. We’re studying the feasibility of building a port facing the sea, which means parts of the city will extend to the mouth of Yangon River,” said U Phyo Min Thein.

“The plan will also see Kawhmu Township becoming a business and commercial centre. When the port has been improved, trade and commerce will become even more important. Without goods, a port cannot generate much money. If the goods from the landlocked regions like Shan State can be shipped from the Yangon to the countries like China, we can have good opportunities to develop like Singapore, he added.

The Yangon government expects that there is a good chance for the city to thrive as a centre for logistics businesses if goods can be shipped to other countries via Yangon.

“The city can become a megacity and the most developed in the country. We now have 29 industrial zones, but the challenge is that there are also still many homeless people and we have to create around 100,000 housing units a year to overcome this. We can’t pretend the problems don’t exist and just say everything is fine. There are problems and we will take the time and effort to solve them,” said the chief minister.

SOURCE: MYANMAR TIMES

To see the original article click link here

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.

.

Looking for foreign investors to invest in your business in Myanmar