CEO’s Weekly Blog — 11 September 2018. Dear Friends, We have been quiet, but that doesn’t mean we have not been busy. August has been a hectic month as we plough through documents and conduct various negotiations and discussions. Here I’m happy to update you on a few key things. SEMP: Dual Objectives The SEMP […]
Analysing Yangon’s Earthquake Safety
Fifty buildings in Yangon will be analysed for earthquake safety later this month using visual screening technology in a new joint project. The analysis will be conducted by UN-Habitat, the Myanmar Earthquake Committee, the Myanmar Engineering Society, and Yangon City Development Committee. The buildings being prioritised for the screening include hospitals and schools, according to […]
High-rise construction stopped for review
The new Yangon Region government is reviewing all high-rise building projects nine floors or higher to determine which will go ahead – even those already under construction. More than 200 high-rise building projects had received varying levels of approval under the previous administration, according to U Than Htay, head of YCDC’s building engineering department. Over […]
Foreign assistance vital in boosting energy in Myanmar
FINANCIAL and technical assistance from international governments and institutions will be as important as foreign direct investment (FDI) in order to boost Myanmar’s power sector development, an energy official has said. Win Khaing, a member of National Energy Management Committee (NEMC) and president of Myanmar Engineering Society, said at the 6th Myanmar Oil and Gas […]
Korea chases investment in Myanmar
The ASEAN-Korea Centre sent 20 Koreans to Myanmar last week to seek investment opportunities. The investment and market research mission of businessmen and officials from the Ministry of Land, Infrastructure and Transport and the Korea Land and Housing Corporation went to Yangon on Jan. 13-15. The project was designed with Myanmar’s Directorate of Investment and […]
New Yangon business district to cost $350m
A New central business district in the north of Yangon will be built at a cost of almost US$350 million, with construction to begin next year, pending Myanmar Investment Commission approval. The build, operate, transfer project was tendered by Yangon City Development Committee in 2014 and won by a subsidiary of Myanmar V-Pile called First […]