Yangon Regional Government

Lawmakers Blast Yangon Govt for Misusing Public Funds

January 23, 2020 by Thiha

YANGON — The Yangon regional government has misused and breached financial regulations in spending public funds, in possible violation of the Anti-Corruption Law, according to the parliamentary Finance, Planning and Economy Committee. On the second day of parliamentary debates on the regional auditor-general’s report on government expenditure during the 2017-18 fiscal year, the committee pointed […]

Land buyers in Myanmar’s Yangon have to pay infrastructure fees

October 23, 2019 by Thiha

Buyers of land sold by the Yangon regional government have to pay infrastructure fees, according to the Yangon City Development Committee (YCDC). Land sold by the regional government lacked electricity and water supplies, the agency said. The regional government has announced that about 530 plots owned by the government will be sold to the public […]

September 7, 2018 Invitation to Pre-Qualify for the Yangon Elevated Expressway Public Private Partnership Project Phase 1 The Ministry of Construction (“MOC”) of the Union Government of Myanmar, coordinating with the Yangon Regional Government, is inviting interested parties to pre-qualify to undertake the design, engineering, financing, construction, operation and maintenance of the first phase of […]

Policy changes could trigger a new era for Myanmar real estate

June 25, 2018 by thiha

Myanmar’s Yangon Regional Government readies a raft of real estate policy changes, including the setting of a benchmark price for properties, set to take effect in the 2018-19 fiscal year. Leading market observers and other industry stakeholders have expressed mixed reactions to the new measure. “With the exception of the affordable housing segment, real estate […]