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MPs raise concerns over consequences of Yangon expansion

Since the start of the year, Yangon has announced ambitious plans for expansion and new infrastructure. ‘’The Yangon population will hit 10 million in the next two decades and it can be a mega city by 2040, said Daw Nilar Kyaw of Yangon regional minister for Electricity, Industry and Transportation. But while the developments are […]

Yangon focuses on creating growth opportunities, raising living standards

The Yangon Regional Government is drawing up a master plan with the aid of the Japanese International Cooperation Agency and Korea International Cooperation Agency to transform Yangon into an economic hub with job and business opportunities for residents and investors, according to a report on the government’s performance by state-owned media yesterday. Topping the list […]

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 […]