Yangon to Commence Southwest New City in April

Yangon Southwest New City will be implemented by a joint venture agreement between the Yangon Region government and local construction developers, and the government expects the implementation process to start on April 1, 2017. The new city project was discussed by lawmakers at the Yangon regional parliament session last week and the regional government submitted to […]

Yangon Government Submits Economic Plan to Parliament

​​ An economic plan for 2017-2018, which aims to increase Gross Domestic Product by 8.5% was submitted to the Yangon Region Government by the Minister of Planning and Finance, Myint Thaung. The minister explained that the draft of the plan was designed to match the budget of the Yangon Region. It was drafted together by […]

Billions to be Spent Developing Towns on Outskirts of Yangon

​​ YANGON – Yangon regional government plans to spend about Ks 32 billion developing 12 Townships on the outskirts of the city’s municipal area, the Yangon Chief Minister has said. Chief Minister Phyo Min Thein revealed the news in a video that detailed the Region Government’s work for the public. “For development of the Yangon […]

YBS Reform in the Pipeline

​​ One month after the Yangon Bus System started, the Yangon chief minister warned bus owners and drivers that they must follow the instructions of the government. Those who violate the rules would be eased out, said U Phyo Min Thein on February 17. The YBS, a new public transport system, commenced on January 16 […]

Yangon Government not Budging on Water Festival’s Stage Ban for commercial pandal 

​​ Despite criticism over the ban on commercial pandals, or stages, at the annual water festival last year, the Yangon Region government will not reconsider its decree for the upcoming Myanmar New Year festival, held annually in mid-April. Yangon Mayor U Maung Maung Soe told The Myanmar Times yesterday that the Chief Minister will not […]

Yangon Plans Deep Sea Port

​​ Yangon Region’s government is making surveys to build a deep seaport, chief minister Phyo Min Thein announced on February 25. “The transport network in Yangon Region is important. It faces the sea but we cannot make the use of it. So we are conducting a survey to build a deep seaport. All harbours in […]

Riverfront real estate project planned for Hlaingthaya Township

To meet growing local demand for residential units, the Riverfront Garden Real Estate project constituting of commercial and residential spaces as well as recreation facilities has been implemented in Hlaingthaya Township in western Yangon. With the approval of the Yangon Region government, the Southern Metal Industry Real Estate Development Co is constructing the US$650 million […]

YRTA Tender for Water Taxi. Closing Date 26 Dec 2016

Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens.   Yangon Region Government Yangon Region Transport Authority (YRTA) Invitation for Open tender to build and run a water taxi system Closing Date: 26.12.2016   The tender is to build and run a water taxi system on the […]

Green Light for Southwest New City Project?

A tentative green light has been given for the development of Yangon’s Southwest New City – but the regional government says it will exercise strict control to keep out land speculators. The move appears to dispel some of the uncertainty that has clouded the project since the new regional government took over. The three companies already selected […]

Unofficial Tenants Warned to Move off Explosive Gas Pipelines

Several unofficial shanty towns erected around Yangon are at risk of triggering an explosion as they were built above old, unreliable gas pipelines, according to a government official. Shwe Pyi Thar township’s Danyingone Market is considered to be on particularly dangerous turf. Hundreds of makeshift dwellings and shops have popped up above the Shwe Pyi […]