Yangon’s market upgrades

Yangon’s new night market, which will be upgraded by a private company with K2 billion in funding, is expected to open later this year. Municipal markets, the centre of much day-to-day commercial life in both downtown Yangon and the city’s suburbs, will also be upgraded to improve cleanliness and convenience.

“Upgrades to the night markets will commence during the coming dry season,” said mayor U Maung Maung Soe at a press conference held at the Yangon City Hall.

“We would like people to visit the night market, to enjoy all types of food and relax with family and friends. We will complete it by the end of this financial year. Operations will start next month, when the weather is better,” he said.

In an effort to attract more people, the new night market will include new entertainment facilities and renovated shop fronts, as well as container-fitted food stalls, according to the Yangon City Development Committee (YCDC).

In addition to food and beverage stalls, vendors will also be permitted to sell different kinds of consumer goods, garments, phones and accessories, handicrafts, flowers and homewares.

The market will include an upgraded parking space with better access for taxis. The container-shops will also be able to sell liquor and beers, making it a more socially desirable night spot.

The night market will be reconstructed by the A25 Myanmar Development Company through a public-private partnership (PPP), said U Thaung Tin, deputy head of the Markets Department of YCDC.

Aside from the night market renovations, which are intended to attract more local and foreigner visitors, the YCDC also vowed to improve municipal markets around the city.

The YCDC’s deputy head of the market’s department U Thaung Tin said 21 of these markets have been placed on a priority list for upgrading works undertaken through another PPP system.

“We called tenders and private companies have been awarded the tenders for two markets. New stalls are being constructed and the upgrading will also ensure that they are clean and convenient to shoppers,” he said.

In addition to the proposed night markets, Yangon has 183 municipal markets with plans to upgrade Mingalar and Tamwe through contracts while tenders have also been called for Ngwe Yamone Market in South Okkalapa Township, Sanpya Market and Mingalar Taung Nyunt Market.

Under the PPP system, private companies will manage the markets without interference from the YCDC but have to adhere to regulations.

Financing under the Yangon Project Bank has been earmarked for 31 projects related to the upgrading and construction of markets in the Yangon Region, including the commercial capital of Yangon itself.

Yangon mayor U Maung Maung Soe said the upgrading will encourage shops to be set up in the markets rather than on the street, and ensure cleanliness while taking away obstructions to rush-hour traffic.

“People can shop around in the markets at their own leisure and convenience rather than crowd around the streets,” he said.

North Dagon township resident Daw San San Maw, who goes to the market daily, said stalls selling fish and meat were the dirtiest.

“It’s hard to walk around the stalls because the pathways are filled with dirty puddles of water, that’s why we find it more convenient to buy from the street vendors,” she added.

Source: Myanmar Times

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