A group of Japanese civil engineers is drawing up the design for the New Yangon City Project, which will take 10 to 15 years to complete, according to Khin Maung Thant, director of the Yangon North-West Region Development Company, which is handling the project.
The new project will start this year. It was contracted by the Yangon Region government to the Yangon North-West Region Development Company, Business Capital Development Ltd and Shwe Poppa International Construction Company, which is a subsidiary of the Shwe Than Lwin Company.
The project area is located north of Yangon, between the Panghlaing River and Twante Township, between the Hlaing River and the Hlaingthaya-Twante road. It also includes land across the Yangon River from Kyimyindaing Township and some land in Twante. It will include river crossing bridges, affordable housing projects, schools, a home for senior citizens, museums and other recreational facilities.
“This project will begin in the middle of this year. The whole project will take between 10 and 15 years to complete. Successive governments will have to handle the project. According to the needs of locals, a Japanese civil engineering group is drawing up the project. The group has also drawn up the design for the Thilawa SEZ, but I don’t the name of the group,” said director Khin Maung Thant.
Source: Eleven Myanmar