Colliers Property Report – Yangon Retail Q2 2017

Retail Market Faces Bright Future Yangon’s retail scene is undergoing modern transformation. Foreign F&B brands, new technologies, and upbeat designs are defining the trend, and the consumers are strongly embracing these new experiences. Colliers sees a shift towards trendier concepts and that a wider variety of product offerings will be essential for retail developments going […]

Invitation for Pre-Qualification of Urgent Power Plant Rehabilitation and Upgrade Project. Closing Date 26 Dec 2016.

Subscribe to our tender alert mailing list Ministry of Electricity and Energy Electric Power Generation Enterprise Invitation for prequalification (EPGE G-02) Urgent Power Plant Rehabilitation and Upgrade of Power Project (Phase I) Loan Agreement No. MY-P2 The Republic Of The Union Of Myanmar has received a credit from Official Development Association (ODA) of the Japan […]

Rangoon Govt Orders Safety Modifications to High-Rise Buildings Under Construction

RANGOON — Despite complaints from developers, a review committee for the construction of high-rise buildings has ordered safety modifications to 12 structures, stating that failure to follow Rangoon’s updated urban planning standards could cause harm to the city and its residents. This week the Rangoon divisional government ordered the developers of the buildings to reduce […]

Ks 1 bn earmarked for drainage system in 13 Yangon townships

The Yangon Region government will allot Ks 1 billion to improve drainage systems in 13 townships, including six downtown townships. MP Than Naing Oo from Pabedan Township said: “Our township administrator told me that Ks 1 billion will be allotted to install working drainage systems in 13 townships. The government will allot money to flooded […]

Private gas-fired power project adds 230MW to national grid

A new privately run gas-fired power plant has joined the national grid system, boosting Myanmar’s power capacity, according to state newspapers. In 2011, Myanmar had 10 state-owned gas-fired power plants, with a total capacity of 270 megawatts (MW). Since then, 10 privately run gas-fired power plants have been connected to the national grid, bringing total […]

Ship cleared to leave Yangon port after collision

As the investigation into the collision of two ships in Yangon River on April 26 proceeds, the container ship involved was allowed to leave Yangon Port, said a Shipping Agency Department spokesperson. U Aung Myo Tin said the container Panja Bhum, carrying 525 containers of beans, garments and other goods, had been cleared to depart […]

Multi-national companies to build coal-fired power plant in Myanmar

A multi-national joint venture involving those from Myanmar, India and Singapore will build a 500- megawatt coal-fired power plant in Kyauktan, Myanmar’s Yangon region, official media reported Wednesday. Under a memorandum of understanding signed in Nay Pyi Taw, the power project will be jointly implemented by Myanmar’s Ministry of Electric Power, Orange Powergen Pvt Ltd […]

Yangon Land Price List

Yangon land price on a per square foot basis by township as used by the Myanmar Inland Revenue Dept for the purpose of calculating property tax applicable. Sr Township Road/Street Name 1 sqft Rate (Kyats) 1. Lanmadaw Mahabandoola Road Ahnawrahta Road, Strand Road, Merchant Road, Bogyoke Road. 240,000.00 Lanmadaw Lanmadaw St, Kaingdann St, Shwe Taung […]