Local government officials and companies are already using the recently amended land law to remove villagers from disputed land, according to lawyers in southern Myanmar. The Vacant, Fallow, Virgin (VFV) Land Management Law, amended on September 2018, set a March 11 deadline for anyone occupying or using “vacant, fallow, or virgin” land to apply for […]
Tanintharyi landholders sued under new law
Govt to Turn 15 Pazuntaung Township Streets Into One-Way Lanes
The regional government is planning to turn 15 streets in Pazuntaung Township into one-way lanes, said Yangon Region Electricity, Industry and Transport Minister Nilar Kyaw during a parliamentary session held on November 30. She was replying to a question raised by MP Khin Maung Win of No. 1 Pazuntaung Constituency about whether the regional government […]
Affordable Housing Projects Affected as Funds Dry Up
In a serious blow to thousands of would-be home-owners, the construction of affordable homes in Yangon’s Ayeyarwon and Yadanar housing projects has been suspended because the money has run out, government officials say. Urban and Housing Development department director general U Min Htein told The Myanmar Times on December 6 that the government lacked the funds to […]
State Bank asks for K30 Billion Govt Loan to Fund Low-Cost Housing Projects
The state-owned Construction and Housing Development Bank (CHDB) is pushing the government to provide a K30 billion loan that would allow it to build more low-cost housing. But senior officials at the lender also said they would consider an industry proposal under which the bank purchases and resells private sector-built housing through its instalment system. […]
Private companies lease land plots for fuel storage and distribution
Over 135 acres owned by Myanmar Port Authority at Thilawa Special Economic Zone in Thanlyin and Kyauktan Townships of Yangon region have been leased to private fuel companies to operate fuel storage and distribution, according to Directorate of Investment and Companies Administration (DICA ). Five companies comprising PadaukShwewa, ThuriRaSweninn, ShweTaung, International Group of Entrepreneur and […]