29 industrial zones in Yangon Region to be handed over to YCDC

A total of 29 industrial zones will be placed under the control of Yangon City Development Committee (YCDC), said Yangon Chief Minister Phyo Min Thein. “There are a total of 29 industrial zones in Yangon Region. These industrial zones will have to be handed over to the YCDC. We are trying to upgrade regional facilities,” […]

Yangon residents unhappy with YCDC: survey

A survey conducted by civil service group Alinsaetamarn Library and Resource Centre has revealed that the majority of Yangon’s residents are dissatisfied with the Yangon City Development Committee (YCDC). The survey, which polled the views of 1,205 members of the public across Yangon, was conducted in March. The results revealed that most residents are unhappy […]

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 […]

Lack of retail offerings in Myanmar yields growth opportunities for investors

Demand for retail space has been on the rise in Yangon, where the population has swelled and living standards are improving. Earlier this year, the government also permitted foreign ownership of local wholesalers and retailers and last month allowed businesses in the sector to trade in a total of 24 products. Ko Nay Min Thu, […]

Zay Kabar Company in row with squatters

Zay Kabar Company, a local conglomerate with interests in construction and telecommunications, will continue to take action against squatters who trespass on land which it has earmarked for development. On July 28, conflict arose between squatters and employees of Zay Kabar Company after the latter removed tents that were built on private land which had […]

Myanmar’s food sector being transformed by investment in production and sustainability measures

A cleaner production and higher sustainability project for Myanmar’s food and beverage industry is bringing much needed transformation. Tha Bar Wa, a four-year project, it is being implemented by the World Wid Fund for Nature (WWF), in partnership with the Myanmar Food Processors and Exporters Association (MFPEA) and Savings Banks Foundation for International Cooperation (SBFIC). […]

Yangon Amends Municipal Law, Creates Vice Mayor Position

YANGON — The Yangon regional Parliament has approved amendments to the municipal law that will see a vice mayor elected in a secret ballot. The Yangon City Development Committee (YCDC)’s executive board initially consisted of nine members: the mayor, four appointed members and four elected individuals, but it was later expanded to add two elected […]

No plans by YCDC to build car trading stations

YCDC has not yet planned to set up new car dealer trading stations or warehouses, Yangon Mayor U Maung Maung Soe said at the regional legislature on June 12. At present, most of the car dealers are selling and buying the cars by storing the vehicles in different places across the townships. This arrangement is […]

Yangon threatens unregistered fibre optic firms with legal action

The Yangon government will take action against unregistered telecommunications companies providing services such as installation of fibre optic cables for commercial and residential customers, a regional minister said. Daw Nilar Kyaw, Yangon Region minister for Electricity, Industry, and Roads and Communications, told the regional parliament on Wednesday that next month, her office will join up […]

Delay in new automotive policy for Yangon alarms business groups

Two major business groups penned a letter to the commerce and transport ministries to complain about the delay in implementing the new vehicle registration system in Yangon. Vehicle distributors and dealers have been waiting for two years for a new policy. The new system was originally expected to be in place by the beginning of […]