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Investments in low-cost housing projects are a bit huge: Yangon Chief Minister

Local entrepreneurs are not in a position to invest in the low-cost housing projects to be developed for around 150,000 squatters in Yangon as the capital investment is a bit huge, Yangon Region Chief Minister Phyo Min Thein said at Yangon Investment Forum 2018 held at the Union of Myanmar Federation of Chambers of Commerce […]

Infrastructure development critical for Myanmar to woo investors, forum hears

SINCE MYANMAR’S lack of adequate infrastructure may deter potential investors, the government must urgently bring infrastructure development into focus, according to the Myanmar Infrastructure Forum held on Friday. The government’s clear decisions would drive the future of Myanmar, said Teo Eng Cheong, CEO International of Singapore, North Asia and Southeast Asia at Surbana Jurong Private […]

Japan supports low-cost housing experiment

The Japan-Myanmar Association for Industry of Housing and Urban Development (UMHU) and Myanmar Construction Entrepreneurs Association (MCEA) signed a memorandum of understanding (MoU) on December 4 to run a trial on a low-cost housing project. “The trial process will be done with the money donated from Japan. Two buildings will be built in different types,” […]

Invitation for submission of “Project Master Plan and Architectural Design” Design Competition. Design Submission Date 3 January 2018

Interested Parties are invited for the submission of design proposals which are to be selected in a design competition for the Overall Master Plan and Architectural Design for the development of the Housing development under the management of the Yangon Regional Government located in Dagon Seikkan Township, Ward No. (73,74,75,76), Corner of Shwe Li Road […]

Farmers decry confiscation of land for civil servant housing project

Farmers in a village in Dagon Seikkan township in Yangon decried the government’s decision to convert their 183 acres of farmlands into a housing project for retiring government workers. The lands were given to the farmers to plant crops by the government in 1997 under the name “Sein Lan So Pyay Yay” [meaning to be […]

Union budget funds to go on housing projects in Ayeyawun and Yadana

Funds from the Union budget have been allocated to the construction of 11 residential buildings in Ayeyawun and Yadana. Eighteen other housing projects will be carried out in cooperation with private companies under joint ventures. The chairman of the Myanmar Construction Entrepreneurs Association submitted a proposal to Vice-President Myint Swe that the government provide more […]

Myanmar’s First Private Pharmaceutical Factory Opens in Dagon Seikkan Township

Myanmar’s first privately owned pharmaceutical factory opened its doors in Dagon Seikkan Town­ship, Yangon on the third week of July. Located in Industrial Zone 1, Pacific Medi­cal Industries Limited’s (PMI) facility is a two-story building that in­cludes offices, a quality control area, and a mas­sive 16,630 square meter manufacturing floor. In an effort to relieve […]

Affordable Housing Projects Affected as Funds Dry Up

​​ In a serious blow to thousands of would-be home-owners, the construction of affordable homes in Yangon’s Ayeyarwon and Yadanar housing projects has been suspended because the money has run out, government officials say. Urban and Housing Development department director general U Min Htein told The Myanmar Times on December 6 that the government lacked the funds to […]

More Than 2000 Low-Cost Units to Go on Sale

More than 2000 low-cost apartments will go on the market next month as a wave of government construction projects nears completion, officials have announced. The Department of Urban and Housing Development said the three projects, in two Yangon townships, were being made ready for sale. “Sales of the 2208 apartments will begin in November,” said […]

Who’s who: Myanmar’s new cabinet

Take a look inside the National League for Democracy’s new proposed government with insider profiles of the party’s 18 candidates for ministerial posts: Daw Aung San Suu Kyi (foreign affairs; president’s office; education; energy and electric power) The National League for Democracy leader needs little introduction. Has vowed to rule “above the president”, and with […]