IFC, YCDC to improve construction permit system

The International Financial Corporation (IFC) the sister organisation of the World Bank, is partnering with the Yangon City Development Committee(YCDC) to reform the city’s construction permit system and optimise the role of the private firms. “The goal of this partnership with IFC is to streamline and automate Yangon’s construction permit process by June 2019. This […]

Yangon gears up to lure more investment into business hub

AS INVESTORS await Myanmar’s new moves to open up the economy, the regional government of Yangon plans to unveil its investment strategies at the first Yangon Investment Forum (YIF2018) next week, according to a regional minister. Planning and Finance Minister Myint Taung said at a press conference on Wednesday that Yangon region Chief Minister Phyo […]

Request for Expression of Interest, International Environmental and Social Safeguards, Individual Consultant, Closing Date: 19 April 2018.

Client: Yangon City Development Committee (YCDC) Country: Republic of the Union of Myanmar Project: Myanmar Southeast Asia Disaster Risk Management Project Loan No. 60800-MM Assignment Title: International Environmental and Social Safeguards Consultant Reference No. (as per Procurement Plan): C4-CS2 The Republic of the Union of Myanmar has received financing from the International Development Association (IDA) […]

Yangon under pressure to solve car park shortage

The Yangon Region government has once again come under pressure to solve the chronic shortage of parking space in the city. It will now take action against those responsible for leaving containers in car parks meant for public use, Yangon Mayor U Maung Maung Soe said in Parliament last week. In Yangon, some have been […]

YCDC investigates long building constructions delays in Yangon

YCDC is investigating long delays in the construction of buildings in Yangon Region and the reasons behind unreasonable delays, said Yangon Mayor U Maung Maung Soe on Monday at the Yangon Parliament. The construction of many buildings in the region has been suspended for several years, according to MP U Yan Aung from Mingalar Taung […]

EOI for International financial management consultant, Closing Date: 21 March 2018.

Client: Yangon City Development Committee (YCDC) Country: Republic of the Union of Myanmar Project: Myanmar Southeast Asia Disaster Risk Management Project Loan No. 60800-MM Assignment Title: International Financial Management Consultant Reference No. (as per Procurement Plan): C4-CS3 The Republic of the Union of Myanmar has received financing from the International Development Association (IDA) in the […]

Yangon embraces vertical car park

The Yangon City Development Committee (YCDC) is planning to build a vertical car park, Mayor U Maung Maung Soe said during a parliament session last Thursday. The structure will be designed to minimise the required area while maximising parking space in Yangon. Plans are currently being drawn up to build a multi-level vertical car park […]

Markets in Yangon to be upgraded says Chief Minister

At the inauguration of Danyingone wholesale market on Tuesday, Yangon Chief Minister Phyo Min Thein said that plans were underway to upgrade 170 markets in Yangon. “When we take over administration, there were 174 markets in Yangon. Our new government decided to do upgrading works of these markets. Most of the venders are selling things […]

French-Myanmar Joint Venture To Install 500 ‘Smart’ Bus Stops in Yangon

YANGON — A French-Myanmar joint venture has won an exclusive 20-year contract to sell advertising on street furniture in the commercial capital Yangon, including the installation of 500 hi-tech bus stops. FMIDecaux—a joint venture between First Myanmar Investment Company (FMI) and JCDecaux, a worldwide outdoor advertising company based in France—signed the contract with the Yangon […]

Yangon Warns Telecoms to Get Proper Permits

The Yangon City Development Committee (YCDC) has warned telecommunications companies that have been given licenses to apply for permits when installing equipment or building communications towers in the city. The November 28 announcement in the state newspaper said some companies that have obtained telecommunications licences within YCDC area have set up equipment related to fiber optic […]