Dala land prices skyrocket due to New City Project

As investment interest in the Dala New City Project has intensified, so too the price of farmland in the area has risen sharply, said News City Real Estate MD Ko Htun Lin Kyaw.“As the farmlands will be taken over by the New City Project, we’ve seen an increase in farmland investments. This regional farmland will […]

Land surveys conducted for the construction of Yangon SEZ

YANGON- Land surveys have been conducted for the construction of Yangon Special Economic Zone (SEZ) in Dala, Kawthmu and Kyunchangone Townships, says Phyo Min Thein, Yangon Region Chief Minister. The chief minister attended the opening ceremony of 33/11KV and (5)MVA sub-power station situated between Kayinchaung and Kamarkaloke villages in Kyauktan Township, Yangon Region on January […]

Yangon mulls fish market in Dala if port area is available: Chief Minister

Plans are underway to conduct a feasibility study for construction of a fish market in Dala if there can be port land available, said Yangon Region Chief Minister Phyo Min Thein on August 13. “We don’t know exactly about the site. There are fish ports in Yangon. But they are scattered. Some local people are […]

Bridge project stirs property prices in Dala

Property prices in Dala Township are rising after construction of a bridge linking Dala to downtown Yangon was finally given the green light on December 24, 2018 after six years of deliberation. Expected to be completed in three and a half years, the US$138 million South Korea-Myanmar Friendship Bridge, will connect Phone Gyi Street, in […]

Dala property prices soar due to bridge project

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, […]

Korean investments could kick start long-delayed construction of Dala Bridge

An industrial zone to be developed by the Yangon regional government and Myanmar Wooree Co, a South Korean firm, at the west bank of the Yangon River could be the impetus needed for construction of the much-touted Dala Bridge to commence. Once the bridge, which will connect downtown Yangon to the western side of town, […]

Can the regional government manage both old and new Yangon?

The Yangon region government has come under flak since March, when it announced the launch of a new Yangon City project at the west bank of Yangon River. If and when the first phase of the US$5 billion development is complete, it will include five village townships, two bridges, 26km of artery roads, 10 sq […]

Myanmar enterprise tries to make trash trendy

[DALA, Myanmar] With creative flair the Myanmar-based social enterprise “Chu Chu” lets little go to waste as its staff turn discarded clothes and rubbish into handy accessories that get snapped up by tourists. Coffee sacks are woven into baskets and old tyres are refashioned as belts — just some of the 60 products on offer […]

Yangon-Dala Bridge Construction Stalled

YANGON — The Myanmar Port Authority under the Ministry of Transport and Communications has denied reports that it objected to the construction of a bridge across the Yangon River linking Yangon and Dala. Managing director U Ni Aung of the Myanmar Port Authority (MPA) during a press conference on Monday denied reports that the Korea-Myanmar […]

Investor interest in New Yangon City project rises, more FDI expected

Since its launch in early April, investor interest in the New Yangon City project from China, South Korea and ASEAN has been on the rise, Yangon Chief Minister U Phyo Min Thein said during a press conference at the 2018 Yangon Investment Forum on April 20. The Yangon Region Government is now courting foreign direct […]