The Myanmar authorities have sped up efforts in recent months to increase the country’s attractiveness for global manufacturers. The latest move was revealed in September by the Myanmar Investment Commission (MIC) and concerns the move to allow local and foreign investors into industrial zones across the country. This follows requests by companies from Hong Kong […]
YCDC to upgrade Strategic Urban Development Plan for Greater Yangon
The Yangon City Development Committee (YCDC) has announced that it will upgrade the Strategic Urban Development Plan for Greater Yangon to bring it into harmony with the modern era. The upgraded plan will focus on development of Yangon’s downtown area. “We are holding discussions with the Japan International Cooperation Agency (JICA) for the upgrade. The […]
What Opening Up an Isolationist Nation to the Global Economy Does to Traffic
Three years ago, traffic may have cost Burmese 24-year-old Kyaw Kyaw Win his job. He migrated to Yangon, the commercial capital of the country now known as Myanmar, in search of worktwo years after the start of crucial economic development reforms that opened the once-hermit nation to international investment. The country of more than 51 […]
JICA proposes elevated Yangon roads
According to the Yangon City Development Council (YCDC), Japan International Cooperation Agency (JICA) has proposed the building of elevated roads on Wai Zayandar Road to alleviate Yangon’s traffic jams. Toe Aung, deputy chairman of the Department of City Planning and Land Administration, said that elevated roads were the costly mid-term and long-term solution to traffic […]
Myanmar Govt Plans 30,000 New Affordable Homes in Yangon
YANGON — The Myanmar government’s housing department is planning to build 30,000 new low-cost homes in townships on the outskirts of the country’s largest city, an official said Wednesday. Moe Thida, assistant director of the planning division at the Department of Human Settlement and Housing Development—part of the Ministry of Construction—said the department was putting […]
Yangon Planning Committee Wants Public Access to Riverfront
YANGON — In order to get a sight of their city’s river, residents of Burma’s commercial capital currently cram into a few jetties where they can take morning exercise or evening walks. But soon, they may have more space. That is if the city’s committee working on urban planning gets its way. During a public […]
Yangon’s new economic hub project set to go ahead
Plans to build a new economic hub in Yangon are underway with or without of assistance from Japan, according to the Yangon City Development Committee (YCDC). The Mindhamma Project is planned to become Yangon’s second economic city to relieve traffic and congestion from an overcrowded downtown. “Japan has previously told us to carry out the […]