Rangoon Parliamentary Committee Lets Halted High-Rise Projects Off the Hook

RANGOON — A Rangoon Division parliamentary committee has recommended that the divisional government rescind modification orders delivered earlier this month to eight high-rise construction projects, after the developers petitioned the committee for a review. A high-rise review committee formed by the executive branch of the Rangoon Division government has reviewed more than 200 high-rise building […]

Dagon City 1 project gets prime land in Yangon

YANGON – A multipurpose residential project including office buildings, apartments and a five-star hotel will be built on military land near the Yangon Zoo. The project named Dagon City 1 is a joint venture between the Thukhayadana Company from Myanmar and the Marga Group, a coalition of experts and investors from Hong Kong, Korea and […]

YCDC to spend US$ 55 million on roads and bridges

YANGON – The Yangon City Development Council (YCDC) will be spending more than Ks 53 billion (nearly US$ 55.2 million) on roads and bridge projects this year. The YCDC has already planned to use over Ks 7 billion (nearly US$ 7 million) on 31 road upgrading projects and over US$ 600,000 to build five new […]