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 […]

All Yangon Taxis have Until Year-End to Register Their Vehicles

The Yangon Region Transport Authority (YRTA) officially announced that all taxis must register as city taxis before January 1. The announcement was made through the state-owned newspaper on November 12. Taxis in Yangon are privately owned and there are no regulations limiting their activities so far. Since late 2016, Yangon Chief Minister U Phyo Min Thein […]

Car Brokers Refuse to Vacate Crumbling Market Building

CAR brokers are still using the Thiri Mingalar old market, ignoring warnings by the Yangon City Development Committee that the place is very dangerous as parts of its concrete ceiling have begun to collapse. The Thiri Mingalar market was built in 1997 and has been used for 20 years. Many businesses have been using the […]

EOI for Consulting services (firm selection), Myanmar, Closing Date 17 Nov 2017

South East Asia Disaster Risk Management Project Project ID. P160931 Assignment Title: Component 3 Preparation of Detailed Engineering Designs and Bidding Documents for the seismic retrofitting of 20 buildings in Yangon, and Construction Management and Supervision of the Works. Reference No. C3 CS1 The Government of the Republic of the Union of Myanmar has applied […]

EOI for International procurement specialist, Individual consultant, Closing Date 17 Nov 2017

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 Procurement Specialist Reference No. (as per Procurement Plan): C4-CS1 The Republic of the Union of Myanmar has received financing from the International Development Association (IDA) in the form […]

Why the construction sector is ailing and how it could recover

To help the construction and real estate sectors expand and stay profitable, government support in the form of tax and loan policy reforms is necessary, developers said. Currently, developers must pay taxes of up to 10 percent on the sale of condominium units priced between K100 million to K500 million. Meanwhile, buyers must pay a […]

Yangon to build 200,00 units of low-cost housing

Low-cost housing projects totalling about 200,000 units will be built in Dagon, Hlinethaya and Shwepyitha townships in Yangon Region starting in December to provide homes for the increasing number of migrant workers, said Chief Minister Phyo Min Thein. “There are a large number of people entering Yangon for job opportunities. We are planning to provide […]

Golden City opens grade-A office tower in Yankin

Golden City officially opened Golden City Business Center (GCBC),which is a four-storey office tower in Yankin township, Yangon, on October 17. The development has a net leasable area of around 150, 000 sq ft. Office rooms of around 1,044 sq ft to 12,755 sq ft in size are available for long term leases. Golden City […]

French aid to improve water supplies

The French Development Agency (AFD) and the Yangon City Development Committee (YCDC) signed on September 22 a €1,25 million grant agreement that aims at financing the improvement of water service management in Tarmwe Township in Yangon. The project seeks to implement a technical and commercial management model for the municipality’s water service in the pilot […]

Cocokyun, industrial zones in Yangon’s spotlight

THE development of Cocokyun township covering the islands in the northeastern Indian Ocean, as well as the flight and maritime access between the islands and the mainland, are included in Yangon Region’s plan, according to Chief Minister U Phyo Min Thein. Yangon Region will implement a three-year project which will focus mainly on the improvement […]