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YCDC Approves 10 High Rise Buildings
AUTHOR: MYO SANDAR
Yangon City Development Committee (YCDC) has now approved 10 high-rise buildings in nine townships across Yangon.
The high-rise buildings will be 12-32 floors high; they will be built in Botahtaung Township, North Okkalapa Township, Mayangone Township, Hlaing Township, Yankin Township, Thaketa Township, Tamwe Township, Bahan Township and Thanlyin Township.
Two of these projects will be implemented on the land owned by the Department of Urban and Housing Development and three others on land owned by the Ministry of Industry, Ministry of Defense and the Department of General Administration. The five remaining projects will be built on private property.
According to the data from YCDC, 32 story buildings will be constructed in Hlaing Township and Thaketa Township. The lowest among these ten projects is located in Mayangone Township and the building will only be 11 stories high.
Yangon Region Approves New Investments
AUTHOR: TIN MG OO Yangon Region Investment Committee on June 27 approved seven foreign investment proposals and one local investment proposal. The foreign investments total $8 million, the local investment is worth K2.5 billion. The investments are expected to create over 3,000 jobs opportunities.
Yangon To Build International Port at Mouth of Yangon River
Author: Tin Mg Oo At a press conference on Yangon Project Bank on June 3, U Phyo Min Thein, Chief Minister of Yangon Region, announced that his regional government will build an international port at the mouth of the Yangon River. It will be very much like the one in Singapore.
Yangon Freight Forwarders to Form Public Company
AUTHOR: EI THANDAR TUN The Yangon Regional Transport Authority (YRTA) will organize freight forwarders who provide transportation services in Yangon Region, forming a public company under its oversight.
Yangon Region Receives $22 Billion FDI in Six Years
AUTHOR: TIN MG OO The Yangon Region has received $22 billion in Foreign Direct Investment (FDI) over the last six years, according to U Phyo Min Thein at the Yangon Investment Forum held on May 10.