Parliament opposition leaves two more flyovers in doubt

Two expensive flyovers budgeted for Yangon should be scrappedamid criticism over the portion of public funding dedicated to the projects, a parliamentary committee said yesterday. The outgoing region government earmarked K32.2 billion (US$26.1 million) forthe bridges, slated for the junction of Kabar Aye Pagoda and Parami roads, and North Okkalapa junction. But yesterday the parliamentary Finance, […]

Two new overpasses to go up in Yangon

San San Nwe, the Yangon Region minister for finance yesterday said the Yangon Region government will build two overpasses in Yangon in the 2016-2017 fiscal year. While submitting the region’s budget bill at the first regular session of the second regional parliament, the regional finance minister said Ks 32.2 billion will be earmarked for the […]

Ambitious flyover dreams held back

As the opening date for the first of three new flyovers in Yangon nears, government officials admit they will not be a panacea to the city’s traffic woes, but say the government lacks the budget to build more ambitious infrastructure. The Kokkine flyover on Kabar Aye Pagoda Road, one of the city’s two main thoroughfares, […]

Three CityMart Outlets to Accept MPU Cards

Three of Yangon’s 20 CityMart outlets will now accept payment through Myanmar Payment Union (MPU) cards. The three outlets are Myaynigone, Junction Square and 8-mile CityMarts. Daw May Zin Soe Htet, marketing director of City Mart, said, “We have accepted this payment system to provide better service for the customers. MPU card users are now […]

Capital Development Ltd to Start Dishing Out Yangon Condo Units

Local construction firm Capital Development Ltd will soon start handing over condominium units to customers at its GEMS Garden Condominiums project in Hlaing township in Yangon. The project’s initial plan comprise four condominium complexes with 21 storeys on 12 acres of land. U Tin Maung Win, director of Capital Development Ltd, said the companies completed […]