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Last Saturday, Myanmar’s Union Election Committee announced a victory for Daw Aung San Suu Kyi’s National League for Democracy (NLD) in the 2020 Myanmar General Election. The party won 83 percent of the seats in the Union Parliament, which exceeds even the number of seats gained in the previous...
In a bid to resolve Yangon’s squatter problem, the Yangon Regional Government is preparing to build a second housing project for squatters. Construction is slated to start in December. When completed the project will include 450 units of single-family houses in South Dagon Township and 300 units in East Dagon. The...
The Privatization Commission under the Ministry of Commerce will sell under open tender 25 properties it owns in Bago, Yangon and Mandalay regions. The tender form can be obtained from the Office of the Privatization Commission in Naypyidaw from November 13 to December 12. The properties for sale in Bago Region...
အောက်တွင် မြန်မာလို ဖတ်ရှုနိုင်ပါသည် Shwe Taung Real Estate Co., Ltd, the real estate arm of Shwe Taung Group, has entered into a joint venture with AEON MALL Co., Ltd., a member of Japan’s Aeon Co Ltd, a listed conglomerate, to invest, develop, manage and operate large scale shopping malls in Myanmar....
The Municipal Committee of Naypyidaw recently announced it will sell 197 land plots of 6,400 square feet each in Dekhina Thiri Township for a reduced price of K25 million. The land plots will be sold to those who will actually occupy them. Buyers will be required to build fence and...
အောက်တွင် မြန်မာလို ဖတ်ရှုနိုင်ပါသည် Samanea Yangon Market, located at the corner of Bago River Road and Yadanar Road in Dagon Seikkan Township, is planned to launch in November this year after the test opening in August as the construction process of the market is now complete. The wholesale market is jointly developed...
New Yangon City Development Project has received 16 Expressions of Interests (EOI) submitted by companies and consortiums from nine countries in the Swiss Challenge for the first package of works launched on October 15, 2020, by the Swiss Challenge Tender Committee. It is the Committee’s objective to apply a structured...
Japan has expressed interest to participate in the Dawei Special Economic Zone located in the Tanintharyi Region, according to U Myint San, Vice President of the Management Committee for SEZ.  Myanmar, on November 5,  invited international partners to invest in the SEZ project under Government to Government Collaboration and received...
Part 1 of the Yangon Elevated Expressway project is estimated to cost $800 million, according to U Han Zaw, Union Minister of the Ministry of Construction, at the meeting by Steering Committee on Implementation of Yangon Elevated Expressway and Outer Ring Road. The meeting was held to discuss the...
The Yangon City Development Committee (YCDC) has received over 1,000 building permit applications through the Yangon Building Permit System (YBPS), a fully automated system making all processes related to building permits including inspection requests completely online, significantly improving processing times, in just five months of operations. The YPBS was designed...