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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 […]

No green light for Yangon New City Project

Yangon Region Minister for Forestry and Energy Kyaw Soe yesterday denied a rumour that the regional government granted a permit for the Yangon New City Project to Myanmar Saytanar Myothit Public Company. “We have not given the green light to any company. It is under scrutiny. The rumour is untrue,” he said. Many areas in […]