Myanmar’s business capital of Yangon will see a massive expansion to accommodate its growing population and make the city more business-friendly and livable, the regional government said. This will make custom-built capital Naypyitaw, located 367 kilometers in the north in the middle of nowhere, an even more pointless city, observers noted. The New Yangon City […]
Foreign developers fuel commercial boom in Yangon
December 3, 2015 by
Large commercial complexes are popping up in Yangon as foreign property developers seek to cash in on an expected surge in consumer spending in one of Southeast Asia’s least-developed nations. Vietnamese real estate developer Hoang Anh Gia Lai will partially open a huge commercial complex this month featuring what will be the largest shopping mall […]