Local real estate agents in the south-west of Yangon are backing a range infrastructure development projects to boost demand for real estate in outskirts of the city, in areas such as Dala, Kawhmu, Kungyangon, Sikkyi Kanaungto and Twante townships. U Aung Thu, a real estate agent in Dala township, said investors were interested in that area because […]
Yangon government eyes southern seaport
The Yangon Region government is looking into the possibility of building a seaport in the south of the city as part of a plan drawn up with the help of the Korea International Cooperation Agency (KOICA). U Toe Aung, deputy head of Yangon City Development Committee’s City Planning and Land Administration Department, said the plan […]
What Opening Up an Isolationist Nation to the Global Economy Does to Traffic
Three years ago, traffic may have cost Burmese 24-year-old Kyaw Kyaw Win his job. He migrated to Yangon, the commercial capital of the country now known as Myanmar, in search of worktwo years after the start of crucial economic development reforms that opened the once-hermit nation to international investment. The country of more than 51 […]
Yangon zoning plan expected this year
Yangon’s zoning plan will finally go from draft to law this year, YCDC officials said earlier this week. The city plan was first drawn up in 2013 by a working committee with recommendations from urban planners and representatives from YCDC, the Ministry of Construction, Yangon Heritage Trust, the Ministry of Science and Technology, and Japan […]
Korea-Myanmar group proposes $620m Yangon expressway
Two companies from Korea and a Myanmar conglomerate have submitted a joint proposal to the Ministry of Construction to build an expressway from Yangon to Bago. Capital Diamond Star Group (CDSG) hopes to work with South Korea’s Lotte E&C and Halla Corporation to build the road, which would link Yangon to a new international airport […]
The struggle to save Yangon’s architectural heritage
Shepherding a flock of tourists through the traffic-congested streets of Yangon, formerly known as Rangoon, a local tour guide shouts over the roar of oncoming vehicles. Here, on Bogolay Zay Street amid the moss-covered, weather-stained, early-20th Century facades in the historic centre of the city, the history of the colonial buildings that make up old […]