Lawmaker and Real Estate Developer Condemns Suspended High-Rise Construction

RANGOON — A Lower House lawmaker behind a Rangoon high-rise project has criticized the division’s chief minister for a decision to suspend the construction of more than 200 buildings in the commercial capital. During an interview with Radio Free Asia on Saturday, Thet Thet Khine, a businesswoman who is also a National League for Democracy […]

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, […]

After Partner Bows Out, HAGL Considers Working Alone

Vietnam’s Hoang Anh Gia Lai (HAGL) Group will currently not search for investment partners and will continue to operate on its own investments, the company’s chief executive Vo Truong Son said. “We are going to operate with our own investment and will not spend resources searching for additional investors. In the future, we will welcome […]

Government seeks private funding for BRT system

A public transport scheme that would provide an express bus service along 150 kilometres of Yangon’s main roads could be available within three months, transport chiefs hope. Known as “BRT lite”, the scheme is based on a plan drawn up in 2013 by the Japan International Cooperation Agency (JICA) for a Bus Rapid Transit system […]

Thingyan’s Pandal permits to be revealed

Yangon authorities will announce next week how many pandals will be set up for this year’s water festivities. Applicants have until tomorrow to put in their request, and the winners will be drawn by lot and announced on March 17, said the city’s development committee. All pandal construction must be completed at least three days […]