Home MMBIZ News YCDC Gets More than Sixty Proposals to Build Multi-storey Car Parks

YCDC Gets More than Sixty Proposals to Build Multi-storey Car Parks

Over 60 local and international companies have submitted proposals to the Yangon City Development Committee (YCDC) to obtain rights to develop multi-storey car park buildings in the Yangon metropolitan area.

Yangon hosts 62 percent of all imported automobiles in Myanmar, according to data from Road Transport Authority. 

Reckless drivers, lack of updated technologies for traffic management and insufficient amounts of traffic police are major factors contributing to traffic jams in and around the city. This situation is compounded by the monthly increase in the imported new automobiles.

In a bid to counter the problem, YCDC is planning to construct a 28-storey car park building at the corner of Hledan Street and Htantapin street in Kamayut township.

An additional 22-storey car park building will be built at the corner of Merchant road and Thein Phyu street in Botahtaung township, YCDC said.

Worsening traffic jams driven by high population density, and a quickly growing number of vehicles, highlight the minimal availability of quality car park spaces.

“Besides working hours, we have to spend two or three additional hours commuting on buses,” said an office employee living in the outskirts of Yangon.

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