A total of 29 industrial zones will be placed under the control of Yangon City Development Committee (YCDC), said Yangon Chief Minister Phyo Min Thein. “There are a total of 29 industrial zones in Yangon Region. These industrial zones will have to be handed over to the YCDC. We are trying to upgrade regional facilities,” […]
Golden Myanmar Business Exchange Plans $5 Million Data Center
December 7, 2017 by
GMBX, which bills itself as Myanmar’s only provider of wholesale infrastructure-as-a-service based on OpenStack, is a joint venture between Yangon-based Golden TMH Telecom Co Ltd (GTMH) and Golden 11 Investment International. The company already operates a data center in East Dagon with a current capacity of 100 racks, which could be expanded to about 400 racks, according to Kyaw Naing, […]
Property buyers eye Dagon land as owners sell for losses
November 16, 2017 by
For buyers interested in purchasing land or homes in Dagon, now could be a good time to take closer look at the property market in the area. Land prices in South Dagon have been falling even though property sales have been robust. According to Ma Cho New, a local real estate agent, sales improved after […]
FDA to Clean Up the Drinking Water Industry
March 1, 2017 by
The Food and Drug Administration is once again taking aim at toxic drinking water, attempting to stop bacteria-laden and unregistered bottles from proliferating in the markets. Last week, the FDA took action against six unregistered and unlicensed water producing factories in Yangon. The six unregistered companies were based in Hlaing, East Dagon, South Okkalapa, Mayangone, […]
Long-term real estate view needed in new Dagons
July 30, 2015 by
Investing in property in the new Dagon townships on the city’s outskirts must come with a long-term view, according to experts. The area is slated for the first of seven Yangon New City projects, and is also near other proposed but unbuilt projects such as the Hanthawaddy Airport, according to Daw Thuzar May, director of […]
Yangon Region gas pipeline to finish up next month: MOGE
July 29, 2015 by
A new gas pipeline slated to supply Yangon Region’s power plants and factories will be complete in August, according to officials. Myanma Oil and Gas Enterprise started construction on the 56-kilometre (35-mile) natural gas pipeline in October last year. “All construction on the gas pipeline, which is 30 inches in diameter, will be completed in […]
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