Kokko Chinatown project sparks concerns in Tak

Border towns are often labelled as remote villages without modern infrastructure or amenities. However, recent economic policies such as the development of special economic zones and foreign investment have led to the urbanisation of these rural areas. A clear example of this can be seen in Mae Sot district in Tak province, located opposite to […]

Myanmar auto portal on fast track amid surging demand

THOUGH the lack of stable automobile policies in Myanmar is holding back the potential for an auto boom, CarsDB.com, the nation’s largest automobile marketplace, is confident it will be able to maintain its annual two-fold growth in revenue, according to Wai Phyo Kyaw, co-founder and chief operating officer of the company. “Since the past three […]

Yangon govt may ban car imports next year

A majority of vehicle importers expect the Myanmar government to restrict imports of small vehicles next year to alleviate traffic congestion in Yangon, said Than Win, the joint-secretary of the Myanmar Region Public Transport Authority, in a lecture titled “Urbanisation and Transport” at the Yangon’s Orchid Hotel on September 3. “An increase in the number […]

Three Companies Submit Myo Thit Bids

Three companies have submitted tender bids to construct the Yangon New City (Yangon Myo Thit) Project, according to Ministry of National Planning and Economic Development of the Yangon regional government. “Initially there were fifty companies which bought the tender application forms, but only three companies successfully submitted the application. The tender evaluation committee will handle […]

Urbanisation at an Early but Growing Stage: WB

Myanmar is at an early but growing stage of urbanisation, having no large urban areas by East Asian standards as of 2010, a new World Bank report finds. Urbanisation in Myanmar during the first decade of the 2000s lagged behind that of its neighbours, likely as a result of Myanmar’s economic isolation, which continued until […]