Displaced Squatters Allege Fraud by Village Committee

YANGON – A group of displaced squatters in Yangon’s Hlegu Township have opened a fraud case against a 27-member Aung Yadana village development committee that sold them land already owned by the government, one complainant told The Irrawaddy on Monday. Police deputy Maj Maung Maung Oo of Hlegu police station confirmed that the case was […]

MCEA to Start Affordable Housing Construction

The Myanmar Construction Entrepreneur Association (MCEA), in cooperation with the government, will start building affordable housing units for low-income earners within this year, a senior association official from the organisation said. “The government and the MCEA will start constructing affordable housings – namely public housings and rental housings – within this year. “The government will […]

Myanmar Authorities Level Homes of Yangon ‘Squatters’ to Make Way For Residential Housing

About 200 Myanmar police officers and 1,000 hired hands on Monday dismantled 4,000 squatters’ homes and arrested five residents in a township in the commercial capital Yangon under orders from the regional government to clear the area for a high-rise residential project, local officials said. Authorities forcefully tore down the shanty town in Hlegu township […]

Yangon Authorities Demolish 4,000 Squatter Huts

Authorities launched a large squatter removal operation on June 12 using a 1,500 hired workers to demolish around 4,000 squatter huts in Hlegu Township, Yangon Region. The squatter hut village stretched for five miles along and the Yangon-Mandalay Expressway. Yu Khaing, the regional director of the Department of Urban and Housing Development under the Ministry […]

Invitation for Open Tender for Construction of Highway. Closing Date 7 Aug 2017

Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens. 1. Open tender applying prequalification method is invited by Department of Highways, Ministry of Construction, Naypyitaw, the Republic of the Union of Myanmar for up grading DaikU — Sittaung Road with the part of proceeds of the Regional […]

Sales of apartments booming thanks to instalment payments

Instalment housing under K30 million are experiencing strong sales within the real estate market, according to U Yan Aung, general manager of Asia Construction. “Within the market, sales of instalment housing in the lower price range, ranging from around K10 million, are booming. The majority of the people are purchasing normal apartment units with an […]

Government Renews Pledge to Reclaim Industrial Land From Speculators

The government has repeated its pledge to scrutinise plots of land in industrial zones that have been left inac­tive, and will take action against those they believe are holding onto land in order to sell it on when prices increase, a minister has said. Col Tin Aung Tun, the Yangon Minister for Re­gional Security, said […]

Yangon MP targets corruption

Government staff in Yangon Region are involved in the misuse of public finances, according to regional MP Than Naing Oo, representing Pabedan constituency no.1. “Some irregularities in the use of the union budget for 2015-16 fiscal year were found at the Home Affairs Ministry, Fire Service Department, dam and water management department, Ministry of Agriculture, […]

Govt to Build 1m Apartments in 330 Towns By 2030

Myanmar is planning to finish the construction of over 1 million apartments in 330 towns across the country by 2030 under its urban development programme, according to the Ministry of Construction. The Department of Urban and Housing Development under the ministry is providing proper housing for the people in accord with its policy on long-term […]

Fiscal Year 2017-18: a New Dawn for Economic Policies

​​ The new fiscal year will start on April 1, which also marks the start of new laws and economic policies for Myanmar. The new Myanmar Investment Law, which was recently passed, will come into effect on April 1 and its implementation and enactment will spell changes for the country’s businesses and investors. A developing […]