The government body in charge of developing the new Yangon city project announced that it will commence the bidding process in mid-February. Yangon’s regional government launched an ambitious new city project via a government-owned New Yangon Development Co (NYDC) last March. The scheme covers an area twice the size of Singapore with a target of […]
Yangon’s new city to start bidding process
January 28, 2019 by Thiha
Filed Under: Latest News Tagged With: Beijing, CCCC, China Communications Construction Company, Hong Kong, New Yangon Development Co., NYDC, Pan Hlaing Bridge, Serge Pun, singapore, Swiss Challenge, World Bank, Yangon City
Can the regional government manage both old and new Yangon?
August 21, 2018 by Thiha
The Yangon region government has come under flak since March, when it announced the launch of a new Yangon City project at the west bank of Yangon River. If and when the first phase of the US$5 billion development is complete, it will include five village townships, two bridges, 26km of artery roads, 10 sq […]
Filed Under: Latest News Tagged With: Capstone Education Consulting, CCCC, China Communications Construction Company, Chinese, Dala, electricity supply, illegal parking, Kawhmu, Kone Changone, Kyee Myin Daing township, local tycoon Serge Pun, Myanmar conglomerate, Myanmar Construction Entrepreneurs Association, new city, New Yangon City Project, New Yangon Development Co., NYDC, singapore, South Korean, Swiss Challenge, U Phyo Min Thein, Urban Development Act, water distribution, Yangon, Yangon Chief Minister, Yangon City Development Committee, Yangon Region Government, Yangon River, Yangon roads, Yangon’s population, YCDC
Plenty of political will but no cash for New Yangon project
July 23, 2018 by Thiha
Large areas west of the Yangon River here look dark and depressed, at least from an airplane taking off or landing from the capital’s airport after sunset. In stark contrast to the city center, on the east side of the river, where high-rise commercial buildings and shiny condominiums are popping up, the opposite bank gives […]
Filed Under: Latest News Tagged With: CCCC, China Communications Construction Co., conglomerate Serge Pun & Associates, democracy, government-backed finance, Kyimyindaing township, Myanmar, National League, New Yangon Development Co., NYDC, Phyo Min Thein, private-sector investors, Public-Private Partnership, Serge Pun, Swiss Challenge, urban development project, Yangon Chief Minister, Yangon River
