Zay Kabar Company in row with squatters

Zay Kabar Company, a local conglomerate with interests in construction and telecommunications, will continue to take action against squatters who trespass on land which it has earmarked for development. On July 28, conflict arose between squatters and employees of Zay Kabar Company after the latter removed tents that were built on private land which had […]

Zay Kabar Co partners Chinese to develop one-stop bazaar in Mingaladon

Myanmar conglomerate Zay Kabar Company and Chinese developer Zhejiang Luding Investment Co have signed an agreement to jointly develop a bazaar in Mingaladon township. Designs for the project, which will involve the development of a wholesale and retail market, residential units and office buildings across 124 acres of land, have been submitted to the Yangon […]

Yangon suspends property project near Mya Yeik Nyo Royal Hotel

Residents are objecting to a real estate development project earmarked for construction near the Mya Yeik Nyo Royal Hotel at Pale Street, Bahan township, as it is near Kokkine reservoir, which supplies water to nine townships in Yangon. Locals are concerned about potential damage to the reservoir and water pumping station, as well as obstruction […]