Gov’t to Push to Reclaim Unused Industrial Plots

The government needs to step up inspections to take back vacant plots of industrial land that are not being used for the purpose of business, an official report submitted to the parliament suggested. Recently, the union government announced that they will take back unused plots of land in industrial zones but apparently there has been […]

Idle plots still plague industrial zones

Rampant speculation has driven up the price of plots allocated for industrial use in Yangon Region, preventing factory construction, parliament heard yesterday. Although more than 10,000 plots were assigned, factories are running on only 3693 of them, and nearly a quarter are lying vacant, said deputy industry minister U Myo Aung. Speaking to Pyithu Hluttaw, […]