Green Light for Southwest New City Project?

A tentative green light has been given for the development of Yangon’s Southwest New City – but the regional government says it will exercise strict control to keep out land speculators. The move appears to dispel some of the uncertainty that has clouded the project since the new regional government took over. The three companies already selected […]

No green light for Yangon New City Project

Yangon Region Minister for Forestry and Energy Kyaw Soe yesterday denied a rumour that the regional government granted a permit for the Yangon New City Project to Myanmar Saytanar Myothit Public Company. “We have not given the green light to any company. It is under scrutiny. The rumour is untrue,” he said. Many areas in […]

Three Companies Submit Myo Thit Bids

Three companies have submitted tender bids to construct the Yangon New City (Yangon Myo Thit) Project, according to Ministry of National Planning and Economic Development of the Yangon regional government. “Initially there were fifty companies which bought the tender application forms, but only three companies successfully submitted the application. The tender evaluation committee will handle […]

Three companies submit tenders for Yangon New City Project

Subscribe to our tender alert mailing list YANGON—Three companies, including Shwe Popa International Construction Co Ltd, a subsidiary of Shwe Than Lwin Co, submitted tender bids for Yangon New City Project. An opening ceremony for the preliminary tender for the project was held at the Yangon Region Government Committee Office on September 22 under the […]