Yangon new city

After Pakistan, China trying to build economic corridor to Myanmar

July 25, 2018 by Thiha

BEIJING: China and Myanmar are close to signing a deal on the establishment of a China-Myanmar Economic Corridor along the lines of the controversial China-Pakistan Economic Corridor (CPEC). Once launched, the project will unleash a massive inflow of Chinese funds to Myanmar which can further weaken Indian influence over its eastern neighbor. A senior Myanmar […]

Filed Under: Latest News Tagged With: agriculture, Bangladesh-China-India-Myanmar Economic Corridor, China, China-Myanmar economic corridor, Chines-financed dam project, Chinese expert, Chinese funds, Chinese investments, director-general, Federation of Chambers of Commerce of Myanmar, Kyaukphyu Special Economic Zone, mandalay, memorandum of understanding, Myanmar, One Belt One Road Initiative, Pakistan, Peng Nian, Rakhine State, SEZ, South China Sea, Telecommunication, Transport, U Aung Naing Oo, U Maung Maung Lay, Vice-President, Yangon new city

Can China-Myanmar Economic Corridor overcome hurdles to progress?

July 25, 2018 by Thiha

Recently, U Aung Naing Oo, director general of the Directorate of Investment and Company Administration of Myanmar, said that Myanmar and China will soon sign a Memorandum of Understanding (MoU) on building the China-Myanmar Economic Corridor (CMEC), one of the key projects of the Belt and Road initiative (BRI). The two sides reached a 15-point […]

Filed Under: Latest News Tagged With: aung san suu kyi, Bangladesh, Bangladesh-China-India-Myanmar Economic Corridor, Beijing, Belt and Road Initiative, BRI, China-Myanmar economic corridor, Chinese Foreign Minister, CMEC, director-general, Directorate of Investment and Company Administration, Federation of Chambers of Commerce of Myanmar, India, Kyaukphyu Special Economic Zone, mandalay, memorandum of understanding, MOU, Nay Pyi Taw, NLD government, Panglong Conference, Rakhine State, SEZ, Sino-Myanmese border, State Counselor, U Aung Naing Oo, U Maung Maung Lay, Vice-President, Yangon new city, Yunnan

Yangon focuses on creating growth opportunities, raising living standards

May 2, 2018 by Thiha

The Yangon Regional Government is drawing up a master plan with the aid of the Japanese International Cooperation Agency and Korea International Cooperation Agency to transform Yangon into an economic hub with job and business opportunities for residents and investors, according to a report on the government’s performance by state-owned media yesterday. Topping the list […]

Filed Under: Latest News Tagged With: asean, Chinese, japanese, Japanese International Cooperation Agency, JICA, Korea International Cooperation Agency, Koreans, Kyimyindaing township, living standards, New Yangon Development Company, public-private partnerships, Seikgyikanaungto township, Small and Medium Enterprises, SMEs, state-owned media, the US and EU, Twante township, U Phyo Min Thein, Yangon, Yangon City development plan, Yangon new city, Yangon New City project, Yangon Region Chief Minister, Yangon Regional Government

Yangon New City forgotten by most but residents still hopeful

March 31, 2015 by thiha

The area of the once and possibly future Yangon New City project has been irrevocably changed following its announcement by Yangon mayor U Hla Myint last September 22. His surprise statement in regional parliament that Yangon would build a multi-billion dollar expansion on 30,000 acres across the Hlaing River from the main city initially set […]

Filed Under: Latest News, Property Report Tagged With: Bahan Township, Daw Nyo Nyo Thin, development, Hlaing River, infrastructure, new city project, Tamar Tagaw village, U Hla Myint, U Than Htay, U Win Myint, Yangon, Yangon new city, YCDC

Dala in limbo after speculation rush

September 9, 2014 by thiha

The ongoing speculation rush in the Yangon new city area to the west of the existing city is not the city’s first, and likely not its last. Nearby Dala township, across the Yangon River from downtown, experienced a similar speculation boom a year ago. While the latest Yangon new city rush occurred following a surprise […]

Filed Under: Latest News Tagged With: ABC construction, building, contractor, Dala, government, property, property bubble, U Yan Aung, Yangon new city