Y Complex Company, a Japan-led consortium, yesterday held preliminary discussions to conduct the necessary environmental and social assessments required to commence development of a large-scale mixed-development project at the intersection of Shwedagon Pagoda Road and U Wisara Road in Yangon. The Y Complex Company is led by Japan’s Fujita Corporation, Tokyo Tatemono Co and Japan […]
New mega-complex project approved near Yangon’s Shwedagon Pagoda
July 22, 2017 by
A Japan-led consortium has officially obtained permission to build a large-scale mixed-development project at the intersection of Shwedagon Pagoda Road and U Wisara Road in Yangon. Development of the US$332.5 million project will begin this year on the former site of the military museum across 16,000 sq m of land. It will comprise a high-grade […]
Yangon zoning plan expected this year
May 17, 2016 by
Yangon’s zoning plan will finally go from draft to law this year, YCDC officials said earlier this week. The city plan was first drawn up in 2013 by a working committee with recommendations from urban planners and representatives from YCDC, the Ministry of Construction, Yangon Heritage Trust, the Ministry of Science and Technology, and Japan […]
Myanmar Development Institute (MDI) officially launched
January 20, 2016 by
Myanmar Development Institute (MDI) was officially launched, with a workshop to announce its master plan at Nay Pyi Taw recently, according to Korea International Cooperation Agency-KOICA. In collaboration with Korea Development Institute (KDI), KOICA is implementing the one of the flagship projects named ‘Establishment of MDI’ from 2014 to 2019 with 20 million USD. MDI […]
Long delayed IP law undergoing legal review
May 5, 2014 by
: A law to regulate intellectual property – covering essential matters of copyright, design, trademarks and patents – could finally be passed later this year as the latest draft is now undergoing legal review before its submission to parliament. A strong IP law is considered vital to attracting foreign investors who might otherwise be concerned […]
Japan to increase investment in Myanmar education
October 3, 2013 by
The Japan International Cooperation Association (JICA) office in Myanmar has announced that its association will pledge¥1.35 billion (around $13.5 million) towards the advancement of engineering subjects in two technology universities in Yangon and Mandalay. This project is a five-year endeavor that willbeginon 5 October 2013 and continue until 5 October 2018. Its major aim is […]
