According to the Directorate of Investment and Company Administration, Singapore, New Zealand, and Australia are interested in investing in Myanmar’s education, with Singapore having conveyed the most willingness. The Myanmar Investment Commission (MIC) has allowed foreigners to make full capital investment in Myanmar, according to notification 7/2018 issued by the MIC on April 20. Thus, […]
Preparations Underway to Ensure Consistent Power Supply This Summer
November 21, 2017 by
More electricity will be generated by new power plants while other plans are underway to reduce power blackouts in Yangon and Mandalay during the coming summer months between March and May, according to Yangon Region Electricity, Industry and Transport minister Daw Nilar Kyaw. An additional 439 megawatts of electricity will be generated in 2018, Daw […]
USDP MP Urges Increase in Private Security Sector Training
November 3, 2016 by
In its first proposal to the Yangon Region Hluttaw, the Union Solidarity and Development Party called on the government to bolster the private security sector with better oversight and regulations. The proposal, submitted by MP U Tin Win (USDP; Cocokyun), the former regional minister for security and border affairs, asked the government to enact a […]
President cancels property projects near Shwedagon
July 9, 2015 by
U Zaw Htay, a director in the President’s Office, said the projects would not be allowed to continue in any form at the current site, though negotiations are ongoing. He said one possible outcome was that the government would agree to give the developers land in another area of the city. Late last night the […]
Yangon zoning plan in limbo as experts push for re-start
March 11, 2015 by
Yangon’s zoning plan is due for a restart after contentious discussions meant the process had ground to a halt, according to U Toe Aung, urban planner with Yangon City Development Committee. “The zoning plan was recently halted as we contended with foreign developers who wanted to build high-rises,” he said. Authorities may be hesitating on […]
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 […]
YCDC looks to curb high-rises as developers push back
May 5, 2014 by
A zoning map of Yangon city has been drawn up for discussion among construction professionals, with Yangon City Development Committee hoping to have the plan submitted to the Yangon Region Hluttaw later this year. The colour-coded map shows areas of the city where high-rises will be allowed, and where building heights will be restricted. Following […]
