Under the previous government, the construction of low-cost apartments failed to reach its target. With the new government, we have to wait and see whether or not the specified numbers of low-cost apartments can be built in time. The previous administration had claimed that they were going to complete the construction of one million apartments […]
Ministry Aims at 1 Million Housing Units by 2030
March 11, 2017 by
The Ministry of Construction has planned to implement one million units by 2030, according to the government’s housing development plan. The plan began in 2012 and it is intended to be implemented over the course of five years. As the plan is reaching its first five-year marker, the government should be building an estimated […]
More high-rise projects likely in Yangon suburbs, says MCEA chairman
July 18, 2014 by
Yangon’s outer suburbs are likely to become the preferred locations for high-rise residential projects because of high land prices and height restrictions near historic landmarks in the downtown and nearby areas, predicts a leading member of the construction industry. Myanmar Construction Entrepreneurs’ Association chairman U Thar Htay said the areas where height restrictions applied were […]
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