The $168 million Dala Bridge Project, which will connect Yangon and Dala township, has caused the spikes of land prices again, according to the real estate service providers.
Back in 2013, the land price in Dala Township increased tenfold since talks of a bridge linking Yangon and Dala emerged.
The project is now completed 20 percent, according to the Ministry of Construction.
The project is implemented using $157.83 million from South Korea along with $30.34 million from the Myanmar government.
The 6,128 ft long four lanes bridge is hoped to bring better transportation between Yangon and Dala helping develop other adjacent townships such as Twante, Kawkmhu, and Kwangyan Gone.
The project was first proposed to Pyithu Hluttaw in 2014 but delayed for four years due to opposition until December 2018, when a groundbreaking ceremony was held attended by Daw Aung San Suu Kyi, the State Counselor of Myanmar.
Written by Ko Myo
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