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Thai, Indian Firms Selected to Supply Power, Gas to Myanmar New City Near Yangon

YANGON—The main developer of a controversial new city slated for construction on the western bank of the Yangon River has selected two foreign companies to supply and distribute electricity and natural to for the project. New Yangon Development Company (NYDC) announced on Tuesday that it has chosen Thailand’s PTT Group, comprising PTT, PTTEP and GPSC, […]

NYDC: Evaluation of Expression of Interest for Stage-2 Infrastructure Projects

CEO’s Weekly Blog – 20 August 2019   Dear Friends, On 11 February 2019, NYDC announced the Request for Expression of Interest (EOI) to participate in the Stage-2 infrastructure projects, which included six work streams, namely, 1) Power Supply and Distribution; 2) Natural Gas Supply and Distribution; 3) Cyber Connectivity; 4) Public Transport; 5)  Waste […]

NYDC Blog: The Completion of New Yangon City Master Planning

CEO’s Weekly Blog – 23 July 2019 The Completion of New Yangon City Master Planning Dear Friends, The master planning for New Yangon City was recently completed by AECOM, which identified the most efficient land use planning and built environment. This included infrastructure, economic development, environmental planning, transportation planning, social and cultural planning. AECOM was […]

How NYDC Develops New Yangon City Sustainably

NYDC CEO’s Blog: How NYDC Develops New Yangon City Sustainably Dear Friends, For the scoping of the environmental study perimeter for New Yangon City project, the NYDC team has conducted several discussions with relevant specialists and officers from the Ministry of Natural Resources and Environmental Conservation (MONREC) – Environmental Conservation Department (ECD) since mid-2018. During […]

NYDC: Addressing Key Public Concerns on New Yangon City

CEO’s Weekly Blog – 18 March 2019 Addressing Key Public Concerns on New Yangon City Dear Friends, We had the second Townhall Meeting on 6 March 2019. Some of you may have attended in person, some may have watched it on our NYDC Facebook Live Stream. It was a robust discussion and I am glad […]

New Yangon City Chief Grilled Over Chinese Contractor’s Reputation

The CEO of the company developing the controversial New City project on the west bank of the Yangon River has defended the involvement of a Chinese firm with an international reputation for engaging in bribery and corruption. The Yangon government-backed New Yangon Development Company (NYDC) last year signed a US$1.5-billion (about 2.3 trillion kyats) framework […]

Yangon’s ‘new city’ plan raises a billion-dollar question

On January 12, the Chinese embassy in Yangon issued a statement that mentioned the US$.3.6 billion Myitsone dam project, suspended by the government since 2011, in a manner that aroused indignation in political circles and among the public. The statement, issued after a visit to Myitkyina by Chinese ambassador Mr Hong Liang, attributed Hong as […]

Public Needs Reassuring Over BRI-Related New Yangon City Project Yangon

Of all the development projects initiated by the Yangon government, the New Yangon City project is indisputably the most controversial. From the beginning, the project’s location—a 20,000-acre site on the west bank of the Yangon River—has been questioned due to the flood-prone topography of the area. Then it emerged that the project’s main developer, the […]

NYDC invites Expression of Interest for list of Infrastructure Projects. Closing Date 28 Feb 2019

  New Yangon Development Co., Ltd. (NYDC) is inviting interested companies to begin the first step of the NYDC Challenge for the below infrastructure projects for development of the New Yangon City Phase 1. Power Supply and Distribution Public Transport System Cyber Connectivity Infrastructure Municipal Waste Disposal Natural Gas Supply and Distribution Convention Center The […]

Yangon’s new city to start bidding process

The government body in charge of developing the new Yangon city project announced that it will commence the bidding process in mid-February. Yangon’s regional government launched an ambitious new city project via a government-owned New Yangon Development Co (NYDC) last March. The scheme covers an area twice the size of Singapore with a target of […]