Yangon Mayor U Maung Maung Soe said the government did not suspend any additional construction projects involving high-rise buildings on March 6. He made the comments in the regional legislature. MP U Hla Thein from Tamwe township asked if the government has plans to greenlight the construction projects. “Suspending construction projects which have already started […]
President’s Office to grant ministry land to Shwedagon developers
December 16, 2015 by
The President’s Office will grant ministry-owned land in Yangon to five companies, as compensation for cancelling their projects beside Shwedagon Pagoda earlier this year, a senior official said. The five large developments were to be built on Ministry of Defence land beside Myanmar’s most famous religious site, but were called off permanently in July, following […]
Shwedagon High-Rise Developments to be Relocated Soon: MIC
September 2, 2015 by
RANGOON — The relocation of five cancelled developments planned near Rangoon’s Shwedagon Pagoda is likely to be finalized by the end of the year, according to the Myanmar Investment Commission (MIC). At a press conference on Wednesday, MIC secretary Aung Naing Oo reiterated earlier comments that developments would be relocated elsewhere in Rangoon to compensate […]
Developers look for sites in Yangon
September 1, 2015 by
YANGON, 31 August 2015: Myanmar Investment Commission says the relocation of five cancelled real estate projects planned for sites close to Yangon’s Shwedagon Pagoda will be finalised by the end of the year. Irrawaddy media quoted MIC secretary, Aung Naing Oo, saying investors would be given alternative plots in Yangon to compensate for the government’s […]
Dagon City Saga – A vote of confidence in the future of Yangon City as a livable heritage city
July 22, 2015 by
Shwedagon Pagoda is the defining landmark in the City Center – no high-rise is allowed within a 1.6 km radius Source of photo: Airpano.com I am a Singaporean who runs a business consultancy in Myanmar since early 2013. I think most foreigners have very little understanding of what goes on in Myanmar. I have seen […]
Changes to five condominium projects mulled by YCDC
March 26, 2015 by
Yangon City Development Committee is now putting together a master plan on five paused construction projects after two other official bodies weighed in with recommendations, according to government officials. The five were initially suspended in late January following concern from some members of the public and government officials that the height of the projects may […]
Yangon to host third Myanmar International Fashion Week 2015
January 27, 2015 by
The third annual Myanmar International Fashion Week is to be launched on February 6 at Dagon City 1 in Yangon. Organised by John Lwin (Star Event Production), the three-day event is being held to develop the talent of local designers and boost Myanmar’s modelling industry. Fashion lovers will view creations by well-known local designers including […]
