Representatives from China Railway Engineering Co Ltd (CREC) have met with the Yangon Region government to discuss the possibility of constructing of a new Yangon circular railroad, U Than Naing Oo, a member of the Yangon Region Hluttaw’s Transportation, Communications, Construction and Industry Committee told The Myanmar Times. “CREC proposed two versions of the potential […]
Shut down of Moehti Moemi gold mine helps no one: company
July 18, 2018 by
The government’s suspension of the Moehti Moemi gold mining concession had affected the lives of 5000 company workers, and had cost the government between 26.6 kilograms and 53.2kg of gold in lost monthly revenue, U Soe Tun Shein, chairman of National Prosperity Co Ltd, which operated the concession, said at a press conference last Friday. […]
Avoid Loss of Foreign Investments: Report
April 25, 2017 by
The Yangon Region Finance, Planning and Economic Committee has sent its yearly report to the regional parliament, urging for action to be taken in order to avoid the loss of foreign investments. Committee chair Daw Sandar Min said the regional government must put emphasis on issues that could affect investments and the economy. Among the […]
Yangon high-rise review divides officials
August 1, 2016 by
The chair of Yangon Region parliament’s economic committee has spoken out in support of developers, after they were ordered by a separate committee to change their project designs as part of a city-wide review of high-rises under construction. Daw Sandar Min, who heads the regional Finance, Planning and Economic Committee, said developers had suffered “enormous […]
Rangoon Parliamentary Committee Lets Halted High-Rise Projects Off the Hook
July 29, 2016 by
RANGOON — A Rangoon Division parliamentary committee has recommended that the divisional government rescind modification orders delivered earlier this month to eight high-rise construction projects, after the developers petitioned the committee for a review. A high-rise review committee formed by the executive branch of the Rangoon Division government has reviewed more than 200 high-rise building […]
