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Chinese firm finalises new Yangon city proposal

The government body in charge of developing an ambitious new Yangon city project has reached the final stage in negotiations with China Communications Construction Company (CCCC) in preparing pre-project documents (PPD). Launched by the regional government in March via a 100pc government-owned New Yangon Development Co (NYDC), the new city project covers an area twice […]

Legislator questions hotel project at defence museum

A legislator on Tuesday asked the parliament for more details about a US$320 million hotel project at the Defence Services Museum. U Kyaw Zayar, Hluttaw representative of No.2 Dagon township, said he wanted to know the agreement about this project and how the people can benefit from it. The legislator also wanted to know if […]

New Urban Development Projects for Six Satellite Townships in the Works

The Ministry of Construction (MOC) is planning new urban development projects for six satellite townships as part of a strategic plan to develop Yangon, according to the MOC and the Department of Urban and Housing Development. Six new satellite towns – Shwe Lin Ban, Pan Hlaing, Thilawa, Front Dagon, Htauk Kyant as well as the […]