Parkland projects suspended pending plan

Yangon Mayor U Maung Maung Soe told the regional parliament yesterday that the YCDC was drafting a master plan and they would only allow projects to be carried out after it is drafted. “Some companies have requested us to draft the master plan as soon as possible. The buildings must be located 30 feet away […]

Government Lost Millions of Dollars as Large Firms Paid Rock Bottom Rents for Public Land – Report

Yangon’s govern­ment has lost bil­lions of kyat in po­tential revenue by leasing public space to local firms at rock-bottom rates, a report from the Auditor General’s Office has re­vealed. The report is based on an analysis of the Yangon City Development Com­mittee’s (YDCD) finances, which are not normally made public. Looking at the 2015- 2016 […]

MPs criticise govt contract to company without invitation to tender

Members of Parliament criticised the government for giving ACE Construction Company the contract to construct a stage in Nay Pyi Taw for a grand military review, estimated to cost Ks 6.4, without inviting tenders. MP Sandar Min said, “The additional budget for the grand military review is not included in the budget estimate. The Ministry […]

MPs lead charge as critics slam city plan

White elephant, visionary development or dodgy business deal? The Yangon Region government’s proposal for a massive city expansion project with a mysterious public company linked to Chinese interests has sparked intense debate, with pressure growing on the authorities to disclose further details of their plan. The expansion project covers 30,000 acres to the west of […]