Singapore to invest $316m in housing

The Myanmar Investment Commission (MIC) has allowed two Singapore companies to invest over US$316 million in two Yangon housing projects, according to the Directorate of Investment and Companies Administration (DICA). “A Singapore company will invest US$35 million in a housing project and another firm will invest US$280 million in a separate project,” said an official […]

Yangon Authorities Demolish 4,000 Squatter Huts

Authorities launched a large squatter removal operation on June 12 using a 1,500 hired workers to demolish around 4,000 squatter huts in Hlegu Township, Yangon Region. The squatter hut village stretched for five miles along and the Yangon-Mandalay Expressway. Yu Khaing, the regional director of the Department of Urban and Housing Development under the Ministry […]

Ministry of Construction to invite open tender for upgrade of Yangon-Mandalay Expressway; January 31, 2015

Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens. Ministry of Construction Public Works (Invitation of Proposal for Yangon-Mandalay Expressway under BOT Scheme) 1. Proposal for operating and upgrading the relevant sections of Yangon-Mandalay Expressway (366 miles 3 furlongs long) to the international and local Companies either […]