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Shwetaung Chosen as Lead Developer for Ayarwon-Yadana Housing Project

The Construction Ministry has chosen Shwetaung Construction Company as the lead developer for the Ayarwon-Yadana Housing project, said Min Htein, director-general of Urban and Housing Development Department under the Construction Ministry. “The company has many years of experience,” he announced at a discussion on the proposed housing law held December 26 at the Myanmar Construction […]

Union budget funds to go on housing projects in Ayeyawun and Yadana

Funds from the Union budget have been allocated to the construction of 11 residential buildings in Ayeyawun and Yadana. Eighteen other housing projects will be carried out in cooperation with private companies under joint ventures. The chairman of the Myanmar Construction Entrepreneurs Association submitted a proposal to Vice-President Myint Swe that the government provide more […]

Developers courted for role in Yangon project

Min Htein, the director general of the Urban and Housing Development Department at the Construction Ministry, said: “According to our master plan, the project includes 49 [18-storey] buildings. The government would greatly benefit from financial input from the private sector. “Through cooperation with development companies, we will be able to fulfil Yangon’s need for accommodation. […]