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Parking Fees to Be Reintroduced in Myanmar’s Biggest City, Yangon

YANGON—The Yangon municipal administration plans to reintroduce parking fees in six downtown townships of the country’s commercial capital after installing “smart” car parks. The Yangon City Development Committee (YCDC) announced at a regular press conference on Nov. 18 that it is currently evaluating six bids submitted by companies in response to a request for tenders […]

Future Yangon as a town encircled by industrial zones: Chief Minister

The regional government is planning to build Yangon as a town circled by industrial zones and in the future, a big circular shaped city emerge, said Yangon Region Chief Minister Phyo Min Thein in a ceremony to open Hmawby-Taikkyi road, a portion of Yangon-Pyay Road held on February 10. The opening ceremony was attended by […]

Yangon sets sights on smart-city goal

As the world advance, Yangon city has to become a smart city and also be made more liveable, said Yangon Region Chief Minister U Phyo Min Thein during the 10th anniversary of Barcamp Yangon held recently. BarCamp is an international network of user-generated conferences primarily focused around technology and the web. The Yangon Region government […]

Breeders call for lifting ban on repairing 10,000-acre prawn farm in Kyauktan

Due to the ban on repairing 10,000 acres of a prawn farm in Mayanswebar prawn breeding zone in Kyauktan Township, Yangon Region, 47 entrepreneurs that run the farm are facing difficulties so they have submitted a letter to the region chief minister calling for the lifting of the bann, said one breeder Min Maung Maung. […]

Myanmar draws up agricultural development master plan for Yangon region

Myanmar has drawn up a three-year master plan (2018-2021) for development of agriculture in Yangon region and the plan will soon be implemented, Myanmar News Agency reported Wednesday. It was disclosed by Yangon Region Chief Minister U Phyo Min Thein at a Flower Festival held at the People’s Park Tuesday. Stressing the need for developing […]

Korean investments could kick start long-delayed construction of Dala Bridge

An industrial zone to be developed by the Yangon regional government and Myanmar Wooree Co, a South Korean firm, at the west bank of the Yangon River could be the impetus needed for construction of the much-touted Dala Bridge to commence. Once the bridge, which will connect downtown Yangon to the western side of town, […]

Yangon Lawmakers Call Local Govt’s Industrial Zone Projects ‘Unrealistic’

YANGON — Yangon lawmakers have criticized the industrial zone projects of the regional government as “unrealistic.” Lawmakers on Tuesday discussed the regional government’s plan to establish 11 new industrial zones on the city’s outskirts. It was announced by Yangon Region Chief Minister U Phyo Min Thein last month on the sidelines of the Yangon Investment […]

Yangon government under fire for proposing to spend K1 billion on ten Ford cars

The Finance, Planning and Economic Affairs Committee plans to discuss Yangon’s proposed 2018-19 budget, which includes spending on a fleet of Ford vehicles for government officials, Daw Sandar Min, the committee’s chair, told The Myanmar Times this week. Daw Sandar Min was responding to Yangon Region Chief Minister U Phyo Min Thein’s comments to the […]

Yangon Govt Submits Plans for New Port, Industrial Zones

YANGON — The Yangon Region government is seeking approval for 11 new industrial zones on the city’s outskirts and a new multipurpose port terminal near the mouth of the Yangon River to promote regional development, create jobs and attract foreign investment. Yangon Region Chief Minister U Phyo Min Thein first revealed plans for the new […]

Yangon gears up to lure more investment into business hub

AS INVESTORS await Myanmar’s new moves to open up the economy, the regional government of Yangon plans to unveil its investment strategies at the first Yangon Investment Forum (YIF2018) next week, according to a regional minister. Planning and Finance Minister Myint Taung said at a press conference on Wednesday that Yangon region Chief Minister Phyo […]