Yangon embraces vertical car park

The Yangon City Development Committee (YCDC) is planning to build a vertical car park, Mayor U Maung Maung Soe said during a parliament session last Thursday. The structure will be designed to minimise the required area while maximising parking space in Yangon. Plans are currently being drawn up to build a multi-level vertical car park […]

Rangoon Drafting Master Plan for Controversial Projects in Mya Kyun Tha

RANGOON — City officials are now drafting a master plan for multiple suspended construction projects on the site of a public garden occupying a peninsula in Rangoon’s Inya Lake. Four companies—Magic Land (which leased 13.864 acres), Nayla Pwint (2.686 acres), Ryu Ji (1.377 acres) and Mandalay Golden Wing (1.83 acres)—had been constructing projects of up […]

Gold industry hopes to see central market in 2017

Gold industry figures are hoping this will be the year when plans for a central gold market finally come to fruition, although fundamental decisions about the project have yet to be made. U Kyaw Win, general secretary of Myanmar Gold Entrepreneurs Association, said he hopes to see a Yangon-based central gold market established in 2017. […]

Mayor: ‘New City’ Going Forward, Imperative For Yangon’s Future

The Yangon Region government is pressing ahead with plans in the commercial capital townships of Twante, Seikgyi Khanaungto and Kyeemyindaing for the “new city” development, in line with a broader master plan it has for Myanmar’s biggest city, Mayor U Maung Maung Soe told the regional parliament last week. U Maung Maung Soe said the […]

Traffic Light Sensor System Delayed

A traffic control system aimed at reducing gridlock in Yangon that was supposed to be in place on August 2 is still not close to being finished, Yangon Region lawmakers revealed yesterday. The companies tasked with the project, one from China, the other local, have installed traffic-detecting sensors on only 84 of the 154 selected traffic lights. […]