YANGON — Singapore-based real estate company Oxley Holdings and its consortium partners have been named the preferred bidders for redevelopment around the Yangon Central Railway Station, a $2.5 billion project by government estimate. The company has won preferential negotiation rights along with Chinese construction company Sino Great Wall and Myanmar developer Min Dhama. The order […]
Questions Raised About $300 Million Downtown Development Project
August 21, 2017 by
YANGON — Land clearing and demolition for a project worth more than US$300 million on the former site of a Defense Services Museum, near Shwedagon Pagoda, has prompted a lawmaker to inquire about the initiative in the upcoming parliamentary session. U Kyaw Zay Ya, a Yangon regional lawmaker representing Dagon Township—where the site is located—told […]
What the US can learn from Myanmar about infrastructure investment
January 12, 2017 by
America’s infrastructure is headed down a bumpy road, and unless the country takes drastic action to fix its ailing transport, water, and other infrastructure systems, it might well wind up with the types of struggles I’ve witnessed recently in Myanmar. I am here in Myanmar teaching an international business class for our MBA students as […]
Car-choked Yangon aims to ride the rails to transport revolution
March 6, 2015 by
YANGON (AFP) – Trains chug around Yangon’s circular railway at a stately pace barely faster than a brisk walk, but this creaking relic of colonial times is at the heart of plans for a public transport revolution in the traffic-choked metropolis. Rush hour spills a throng of passengers towards Kyi Kyi Win’s cigarette stand at […]
