After the government had approved the construction of Myanmar-Korea Friendship Bridge connecting to Dala Township, property prices have risen in a blur as rumors of small-scale industries as well as housing projects in Dala runs rampant. According to property agents and Dala locals, land prices hiked up as much as tenfold. Over a month ago, […]
Real estate market still cool in Dala Tsp
September 6, 2017 by
Real-estate market in Dala Township is still cool despite the announcement of the Yangon- Dala bridge construction project, according to a report in the Myawady Daily yesterday. Authorities issued notice letters to apply eminent domain to residences and businesses in the path of the construction project, which will begin in October. The bridge is scheduled […]
Korean firms to be invited to build Yangon-Dala bridge
August 17, 2016 by
Subscribe to our tender alert mailing list A Tender for private companies to build a multi-million-dollar suspension bridge connecting downtown Yangon with sleepy Dala township will be called “soon”, but only for Korean firms, the Ministry of Construction’s permanent secretary said. U Kyaw Lin said a consulting company will be chosen this month to oversee […]
Dala real estate market stays cold
March 1, 2016 by
THOUGH the new Myanmar- Korea Friendship Bridge will soon connect Dala Township with Yangon proper, the real estate market in Dala is cold, according to real estate agents who work in downtown Dala. The bridge will facilitate the transportation from Dala to Phonegyi Street in Yangon and vice versa, said U Than Htay, a […]
Less Than One Percent of Rangoon-Dala Bridge Budget Allocated to Land Compensation
February 22, 2016 by
RANGOON — The government paid compensation to 66 landowners on February 17 to partially cover losses to be incurred during the construction of a bridge connecting downtown Rangoon with Dala Township. The five-year, South Korea-funded bridge project, also being called the Korea-Myanmar Friendship Bridge, will cost an estimated US$168 million. South Korea’s Economic Development Cooperation […]
Dala bridge set for September signing
September 16, 2015 by
The bridge has been publically discussed since 2012, though construction has not yet materialised. That did not stop a wave of property speculators from piling in to the sleepy township, which is currently accessible by ferry boat or by a long overland journey. U Tin Hlaing said the plans are nearly ready to be signed, […]
KOICA signs for Dala and Bago master plans
September 1, 2015 by
Korea International Cooperation Agency (KOICA) has signed with the Ministry of Construction for several ambitious projects – including master plans for the north and south of Yangon and designing a national road network. The South Korean government’s grant aid arm recently signed with the minister to prepare two regional development plans, said chief Myanmar representative […]
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