Myanmar to cooperate with S. Korean company in Yangon development project

YANGON, Aug. 13 (Xinhua) — Myanmar’s Yangon regional government will cooperate with a South Korea-based Myanmar Wooree Company in developing Yangon region, the official Global New Light of Myanmar reported Monday. Under a memorandum of understanding signed between the two sides in Yangon on the weekend, the industrial development project area lies on the west […]

Myanmar devises roadmap for expansion of Yangon city

YANGON, June 24 (Xinhua) — Myanmar’s Yangon regional government has formed a new firm to draw up a roadmap to undertake expansion of the financial center to make it a business-friendly and livable city. The first and second phases of the huge project of the New Yangon City Development Company (NYCDC), which is fully owned […]

Yangon Regional Bill Approved

The regional planning bill on the development of 33 townships in the Yangon municipality area and 12 other townships outside it as part of an urbanisation of Yangon, was yesterday approved by the regional Hluttaw. The Yangon Regional Planning Bill focuses on developing electricity infrastructure, road and water transportation in order to reduce traffic congestion, […]