The Yangon Region Government sold over 53 acres of land in Dagon Seikkan, Yangon to four companies to build precast factories for the construction of the Ayeyarwon-Yadana housing project at K225 million per acre in 2015-2016 . Although two firms have already paid, another two firms still owe over K2 billion, Daw Nilar Kyaw, minister […]
Construction of Yangon’s Outer Circular Road to Begin by Year End
February 26, 2019 by
YANGON—Myanmar’s Ministry of Construction has announced it will construct two circular roads inside and outside Yangon with the assistance of the Japan International Cooperation Agency (JICA). Construction of the outer road is to be divided into four phases and will start with the eastern section, according to U Kyi Zaw Myint, deputy director general of […]
Invitation for Open Tender, Ministry of Construction, Department of Rural Road Development, Closing Date 18 March 2019
February 1, 2019 by
The Republic of the Union of Myanmar has received a Grant from the Federal Republic of Germany (KfW bank) through the Ministry of Construction towards the cost of Rural Development Programme – Phase IV. Department of Rural Road Development under Ministry of Construction intends to implement , with contract system, the construction of bituminous […]
After three years, regulations under Condominium Law firm up
January 23, 2019 by
The Ministry of Construction has announced the formation of a management committee to oversee the implementation of regulations under the Condominium Law 2016 and Condominium Rules 2017. In the announcement on January 5, the ministry said the management committee will register new and existing property developments that meet the definitions of condominiums in the country […]
Bridge project expected to boost China-Myanmar trade
January 15, 2019 by
The construction of a new road and bridge near the existing Goke Hteik railway viaduct in western Shan State will begin this year, the Ministry of Construction has announced. The major infrastructure project along the Mandalay-Muse road, a significant border-trade route, is expected to significantly boost the transportation of goods between China and Myanmar once […]
Dala property prices soar due to bridge project
January 8, 2019 by
After the government had approved the construction of Myanmar-Korea Friendship Bridge connecting to Dala Township, property prices have risen in a blur as rumors of small-scale industries as well as housing projects in Dala runs rampant. According to property agents and Dala locals, land prices hiked up as much as tenfold. Over a month ago, […]
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