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Yangon Lawmakers Call Local Govt’s Industrial Zone Projects ‘Unrealistic’

YANGON — Yangon lawmakers have criticized the industrial zone projects of the regional government as “unrealistic.” Lawmakers on Tuesday discussed the regional government’s plan to establish 11 new industrial zones on the city’s outskirts. It was announced by Yangon Region Chief Minister U Phyo Min Thein last month on the sidelines of the Yangon Investment […]

New SEZ at Dala Township on the Cards

A new Special Economic Zone (SEZ) will be established at Dala township in the Yangon Region after completion of the Yangon-Dala Bridge, said Yangon Chief Minister U Phyo Min Thein at the Challenges for Business Enterprises in 2018 public talk at the Union of Myanmar Federation of Chambers of Commerce and Industry headquarters on Sunday. […]

New Industrial Zones Planned at 11 Townships in Yangon Region

The Yangon Region Government is planning to construct new industrial zones in 11 townships outside the Yangon, according to U Nay Win, representative of Pyithu Hluttaw in Thongwa township of Yangon region. U Phyo Min Thein, Chief Minister of the Yangon Region Government met representatives of parliament and the departments of relevant ministries to discuss […]

China ups its game in Myanmar’s SEZ race

CHINESE investors have expressed an interest in investing and developing the area across Yangon River and to construct an international airport, a port and housing projects, according to a local Chinese business association. The proposed locality and projects overlap with the prospective South Korea-led special economic zone. Members of the Yangon-headquartered Myanmar Chinese Chamber of […]

Agents See Property Growth In Outer City

Local real estate agents in the south-west of Yangon are backing a range infrastructure development projects to boost demand for real estate in outskirts of the city, in areas such as Dala, Kawhmu, Kungyangon, Sikkyi Kanaungto and Twante townships. U Aung Thu, a real estate agent in Dala township, said investors were interested in that area because […]

Inside Burma’s pawn shop culture: ‘We wouldn’t accept filthy kitchen utensils, or used underwear’

In an unlicensed pawnshop in Kungyangon, southern Burma, a carrier bag full of empty cassette tape cases sits coated in a thick layer of dust on a top shelf. The cases still have their sleeves, featuring cheesy mug shots of Burmese pop stars from days gone by. These obsolete little artefacts are not forgotten junk, […]