US$62m wholesale market project underway

The Golden Dragon Construction (GDC) and the Myanmar International Cooperation Agency (MICA) signed a contract for the US$62-million Danyingon Wholesale Market project which will be built on a 64-acre plot in Insein Township, Yangon Region. The project consists of a wholesale market exclusively for meat and two cold storages. Sai Myo Win, managing director of the GDC, the developer of the market, said: […]

Chinese firm claims Hpa-an locals support cement factory project

Myanmar Jidong Cement Company, a subsidiary of Chinese multinational giant Tangshan Jidong, one of the world’s largest manufacturers of cement, has countered claims that local communities in Karen State capital Hpa-an are opposed to their building a factory in the area, saying it has the support of the people, and that it intends building the […]