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Public-Transport Company’s AGM Disrupted by Shareholders

The Yangon Urban Public Transportation Company’s (YUPT) annual general meeting on Wednesday was disrupted by a shareholder uprising over a lack of profit and leadership selection. YUPT, in which the Yangon Region government invested K35 billion, operates 19 bus lines under the Yangon Bus Service (YBS) and has 1349 buses. The company’s second annual general […]

New LED lights to brighten Yangon streets

The Yangon Electricity Supply Corporation (YESC) will be solely responsible for maintaining all streetlights in the region and will change the current lights to more efficient LED ones, Daw Nilar Kyaw, Minister for Electricity, Industry, Transport and Communication, said on September 26. The announcement came as a response from Daw Thet Htar New Win, Member […]

Construction of Myanmar’s first aquarium to complete next year

YANGON-The first international-standard Myanmar Aquarium including an underwater wing is being constructed in Kandawgyi Gardens in Yangon and is expected to complete in 2020, says Director Tin Maung Tun from Mottma Development Group implementing the Aquarium project. Under the leadership of Yangon Region Government, the Yangon Ecological Aquarium has been cooking since 2016. “An underwater […]

Yangon Night Market Get’s a Second Chance

In November 2016 the Yangon Region Government gave the go-ahead for a new Night Market in the city, located on the famous Strand Road. The plan was budgeted at K1.8 billion, and promised to add to the city’s recreational appeal. Just over two years later, and those grand plans have failed to impress. Being sandwiched […]

Myanmar to hold regional investment forum in Yangon

YANGON, May 6 (Xinhua) — Myanmar will hold a regional investment forum in Yangon, the commercial capital of Myanmar, later this week, in order to increase investment and attract more investors in the region, according to the Yangon region government on Monday. The two-day Yangon Investment Forum-2019, scheduled to be held on Friday and Saturday, […]

Yangon Investment Forum 2019 – 10th & 11th May 2019, Lotte Hotel Yangon

ABOUT YANGON INVESTMENT FORUM 2019 The Yangon Investment Forum 2019 is Organized by the Myanmar Investment Commission, Yangon Region Government and the Yangon Region Investment Committee, with Myanmar Investors Development Association (MIDA) acting as exclusive sponsor. The forum will be two days event – the first day will consist of the speeches by high ranking […]

Contractors urged to settle outstanding debts to the Yangon government

The Yangon Region Government sold over 53 acres of land in Dagon Seikkan, Yangon to four companies to build precast factories for the construction of the Ayeyarwon-Yadana housing project at K225 million per acre in 2015-2016 . Although two firms have already paid, another two firms still owe over K2 billion, Daw Nilar Kyaw, minister […]

Chinese company proposes new circular railroad for Yangon

Representatives from China Railway Engineering Co Ltd (CREC) have met with the Yangon Region government to discuss the possibility of constructing of a new Yangon circular railroad, U Than Naing Oo, a member of the Yangon Region Hluttaw’s Transportation, Communications, Construction and Industry Committee told The Myanmar Times. “CREC proposed two versions of the potential […]

Container truck drivers stage protest on Strand Road

Container truck drivers staged a protest along Strand Road in Kyimyindine Township, Yangon, at about 8 pm on Wednesday causing a massive traffic blockage. The protest came after traffic police stopped some container trucks from using the road beyond prescribed period. Container trucks are officially allowed to go along the road from 9 pm to […]

Expression of Interest, Upgrading and Renovation of Yangon City Golf Course on BOT Basis. Submission Date: 28 Sep 2018.

1. The Yangon Region Government, Tender Committee invites the local and foreign companies to submit the Expression of Interest for Upgrading and Renovation of Yangon City Golf Course owned by Yangon City Development Committee on Build, Operate and Transfer (BOT) basis. Location of City Golf Course – Yangon Region, Insein Township, Ywama East Ward, 10 […]