A low-cost housing project will be built on 150 acres of land currently held by the Dagon Port Authority, an official from the Department of Human Settlement and Housing Development said.
“We invited tenders for this project three months ago, and have just finished our selection process. Three companies have been awarded contracts,” U Yu Khaing, director at Department of Human Settlement and Housing Development (DHSHD), told Myanmar Business Today.
Works on the housing projects are expected to begin soon, sources say, and the projects will include both low-cost and regular housing units. The exact number of rooms will be announced next month.
“We have had to redesign the housing project due to increased restrictions. Because of this we will only get to know the exact number of rooms next month,” said U Nay Min Htet, deputy director at DHSHD.
“The housing project will include five buildings. We are currently surveying the land to be used for the project and submitting designs for approval. Construction will start in June,” he added.
In 2014-15 fiscal year, DHSHD undertook several projects in Dagon Seikkan township which are soon expected to supply 124 low-cost buildings with 13,524 units. In other townships, the department has finished constructing 98 buildings with 1,672 units, and currently constructing 373 buildings with 18,970 units.