Yangon bus bosses fear slow reform

Moves to reduce the number of bus routes in Yangon will take time, according to Ba Myint, secretary of the regional bus control committee, on July 6. There are 4,500 or 4,800 buses in Yangon. There was no research about the number of buses which were surplus or not needed, he said. “We met Dr […]

Parliament opposition leaves two more flyovers in doubt

Two expensive flyovers budgeted for Yangon should be scrappedamid criticism over the portion of public funding dedicated to the projects, a parliamentary committee said yesterday. The outgoing region government earmarked K32.2 billion (US$26.1 million) forthe bridges, slated for the junction of Kabar Aye Pagoda and Parami roads, and North Okkalapa junction. But yesterday the parliamentary Finance, […]

Two new overpasses to go up in Yangon

San San Nwe, the Yangon Region minister for finance yesterday said the Yangon Region government will build two overpasses in Yangon in the 2016-2017 fiscal year. While submitting the region’s budget bill at the first regular session of the second regional parliament, the regional finance minister said Ks 32.2 billion will be earmarked for the […]

Kokkine junction flyover opens

The Kokkine junction flyover, which was built simultaneously with the Tamwe and 8-Mile junction flyovers, opened to public on 31 January. The bridge, whose construction cost Ks 13.93 billion, was completed two months ahead of schedule. Capital Construction, the company that was awarded the rights to build the bridge through a tender process, reported that […]

Ambitious flyover dreams held back

As the opening date for the first of three new flyovers in Yangon nears, government officials admit they will not be a panacea to the city’s traffic woes, but say the government lacks the budget to build more ambitious infrastructure. The Kokkine flyover on Kabar Aye Pagoda Road, one of the city’s two main thoroughfares, […]

Two Yangon flyovers to be built in 2016-2017 FY

Yangon Region Finance Minister San San Nwe, on behalf of the Yangon Region government, requested a budget to build two more flyovers in Yangon in the 2016-2017 fiscal year at the regional government’s special meeting on November 30. One flyover will be built on Kabaraye Pagoda Road and Parami Junction, and the other one will […]

Real estate roller-coaster

After shooting up in 2013 and 2014, excessive speculation and political uncertainties combined are pushing down exorbitant rents Rental rates for luxury apartments in some parts of Yangon have been steadily declining since September 2014, while rates for basic apartments have remained stable, according to real estate market forecasts. “The rental charges in the real […]

YCDC’s $10m toilet and toll-gate tender

Yangon City Development Committee has finished its annual tenders for private companies to run 37 businesses under its Departments of Revenue and Markets, such as toll gates and public toilets. The 37 separate tenders have generated about K9.97 billion (US$9.65 million) in income for city coffers, with the winning companies set to take over the […]

More flyovers slated for construction in Yangon

YANGON — More flyovers have been planned for construction in Tamwe, 8-mile Junction and Kokine in the 2015-2016 fiscal year, according to the Yangon Regional Government Committee. As special projects of the Yangon Regional Government Committee, three overpasses will be constructed using funds generated by the selling of vacant land for industrial use in Yangon […]

Overpasses fail to solve Yangon’s traffic congestion

Yangon authorities are being criticised for the costly construction of overpasses, as traffic snarl is getting worse in Myanmar’s biggest city though three overpasses are completed. “Some overpasses are completed but traffic jam is here. The government can do better,” lamented MP Dr Nyo Nyo Thin of Bahan Township Constituency (2). It is reported that […]