Bago airport to improve Myanmar’s reputation: minister

Myanmar’s future as a regional aviation hub depends on wide-ranging developments and improvements centred on the future Hanthawaddy Airport, the minister for transport said. Speaking at a seminar to discuss new laws needed to establish a national airport authority, U Nyan Htun Aung said the development of the new airport would improve Myanmar’s reputation. “A […]

Long-term real estate view needed in new Dagons

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 […]

Ministry planning more bridges around Yangon

More bridges are to be added around Yangon Region with support from international organisations, according to officials from the Ministry of Construction. Infrastructure development often requires support from international organisations, which have helped fund three bridge projects in the Yangon area, said U Kyaw Kaung Cho, an engineer with the ministry. The Thaketa bridge is […]

Govt to Support Domestic Airlines as Asean ‘Open Skies’ Takes Effect

Burma’s government will seek to protect its airline industry and initially keep most domestic airports off limits for regional airlines as it implements Asean’s Open Skies policy, which started this year, a senior official said on Tuesday. Win Swe Tun, director general of the Department of Civil Aviation, told The Irrawaddy that Burmese airlines would […]

Bago property market quiet as investors eye airport’s fate

Prices for Bago Region property near the border with Yangon Region have cooled as no new developer for Hanthawaddy Airport has been announced. Property in Bago was snapped up as momentum behind the new international air hub for Myanmar appeared to grow last year, with speculators anticipating economic spillover from the US$1 billion project, but […]