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, […]

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 […]

WB suggests five points for higher rank in the Ease of Doing Business

World Bank (WB) has suggested five points to create a framework for e-government and redraft over-100-year-old taxation law in a bid to get the higher rank in the Ease of Doing Business, said Aung Htoo, Deputy Minister for Commerce. The WB suggested the emergence of a law framework pertaining to Companies Act, e-Commerce and legislation […]

Crackdown on idle land in industrial zones in Yangon intensifies

Yangon Region Government has collected the list of idle lands bought with the intention of manipulating land prices in some industrial zones in Yangon, said Nilar Kyaw, Yangon Region Minister for Electricity, Industry and Transport, at the 6th regular session of Yangon Region Parliament on March 16. Regional MP Kyaw Kyaw Maung representing East Dagon […]

Yangon government urged to rein in proliferation of illegal massage parlours

Members of Parliament have urged the Yangon Region government to set clear regulations on opening massage parlours as well as bars and karaoke lounges in hotels and other commercial outlets in Yangon. During a parliament session last week, MPs raised questions on the licensing procedures and controls in place on running such establishments. They also […]

New Yangon City Phase-1 expected to cost over $ 1.5 bln

Infrastructure development of New Yangon City Phase-1 is expected to cost over US$ 1.5 billion, Yangon region Chief Minister Phyo Min Thein said at a press conference on the launch of New Yangon Development Co Ltd (NYDC) at Lotte Hotel in Yangon on March 31. Phyo Min Thein, Yangon region Chief Minister said: “The establishment […]

Yangon provides timeline, details of new projects

The Yangon Region Government will this year commence development of several new projects including the construction of two new townships and a Special Economic Zone (SEZ) in Yangon under the city’s Urban Development Master Plan. Among the projects slated for 2018 are two new townships – Kyee Myin Daing and Dala- as well as an […]