Japanese civil engineering group draws design for New Yangon City Project

A group of Japanese civil engineers is drawing up the design for the New Yangon City Project, which will take 10 to 15 years to complete, according to Khin Maung Thant, director of the Yangon North-West Region Development Company, which is handling the project. The new project will start this year. It was contracted by […]

Speculators return to Dala as bridge plans firm up

The government first released information about plans to connect Dala township with the rest of the city, across the Yangon River, in 2013. At the time, this caused a sharp rise in property prices as investors and land price speculators bought land in the hope of making money. When the project ran into difficulties and […]