First low-cost housing to be built in Mogok

The Infrastructure of Myanmar Company is planning to build a low-priced housing project in Mogok township, Mandalay Region, says company chair U Than Oo. The project, which includes 80 five-storey buildings with a total of 2560 apartments, will be built on a 23-acre privately owned plot in Yaypu village, aiming to help residents own their […]

Myawaddy industrial zone set for 2017 opening

An industrial zone under development in Kayin State is expected to open in fiscal year 2017, according to officials. The Myawaddy industrial zone is being built on a 201-acre site between Myawaddy and Thingan Nyi Naung, just 7 miles (11 kilometres) from the Thai-Myanmar border. “The state government hasn’t set a time limit on the […]

Investment attraction to Hpa-an industrial zone drops

Foreign business owners are reportedly losing interest in investing in the Hpa-an Industrial Zone due to electricity shortages. It is the 19th industrial zone in Myanmar and covers nearly 1,000 acres of land. Moreover, it is divided into four parts and 59 land plots have been earmarked for foreign investors at industrial zone-1. “The industrial […]