fbpx

Keen investor interest in privatisation of Yangon water system

Investors are showing keen interest in managing and distributing water in Yangon, with a total of 32 local and foreign companies having submitted expressions of interest (EOI) for the job since August 28, when the Yangon City Development Committee (YCDC) first announced its privatisation plans. The private sector has until October 28 to submit EOIs, […]

Supply, distribution of water in Yangon to be privatised: Mayor

The Yangon City Development Committee (YCDC) will invite the private sector to take over the supply and distribution of water in Yangon, Mayor U Maung Maung Soe was quoted by state media as saying. He said the YCDC has been facing difficulties managing wastage and lacks the manpower required to prevent illegal tapping of water […]