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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 […]

Can the regional government manage both old and new Yangon?

The Yangon region government has come under flak since March, when it announced the launch of a new Yangon City project at the west bank of Yangon River. If and when the first phase of the US$5 billion development is complete, it will include five village townships, two bridges, 26km of artery roads, 10 sq […]

Local and foreign companies invited to cooperate in Yangon staff housing project

Yangon Region government has invited local and foreign companies to cooperate in implementing a staff housing project on 183 acres of land, according to government sources released on August 12. The project area is located on a 183-acre plot at the corner of Shweli Road and Myananda Road in Dagon Myothit (Seikkan) Township, Yangon. The […]

Government announces new MIC appointments, U Thaung Tun as new chair

The Union government on Saturday officially announced changes in the ranks of the Myanmar Investment Commission (MIC). According to notification (61/2018), U Thaung Tun, union minster of Ministry of the Office of the Union Government, formerly a member of the MIC, will now be the commission’s chair. Meanwhile, Dr Than Myint, Union Minister of Commerce, […]