Prioritised sectors, new investment opportunities in Yangon laid out

​11 May 18 - At the Yangon Investment Forum on Wednesday, Yangon Chief Minister U Phyo Min Thein announced the five sectors his government intends to prioritise and in which Yangon welcomes foreign investments. U Phyo Min Thein said the trade, logistics, industry, public transport and energy se...

Dala's water woes

10 May 18 - The Yangon Region government hopes a new tap system will help solve water shortages in the underdeveloped township of Dala, but residents would prefer authorities focus on improving more than 100 ponds where supplies are quickly diminishing.​  THE RESIDENTS of Dala Township liv...

Yangon to focus on construction of deep sea port, new SEZ

​10 May 18 - At the Yangon Investment Forum yesterday, Chief Minister U Phyo Min Thein said the Yangon Regional Government will prioritise the construction of a new deep sea port and Special Economic Zone (SEZ) in the city. Once complete, the port and SEZ will help expand trade and encourage th...

Development could hurt Ayeyarwady River: environmentalists

​10 May 18 - Environmentalists and conservationists have warned that unbridled economic development along the Ayeyarwady River could cause irreversible harm to its ecosystem. "Damage has been done to some extent to the river's ecosystem by urban development and economic expansion. We need to pr...

Foreign investors may be less interested in new projects

​08 May 18 - Foreign investors will become less interested in the new projects if the government is unable to solve difficulties in the current industrial zones, leading to the manipulation of land prices, said Yan Shin, the regional member of parliament of Mayagone Township Constituency-1...

Fate of Yangon Water Bus depends on public

​04 May 18 - The success of Yangon Water Bus solely rests on whether the public uses it, said U Maung Aung, secretary of the Yangon Region Transport Authority Group (YRTA). The first phase of the implementation of Yangon Water Bus started on October 7. It is operated by Tint Tint Myanmar Compan...

Some 89 river terns researched in 2018

​03 May 18 - Some 89 river terns, one of the endangered species, were researched in 2018. According to the IUCN Red List, some 101 river terns and 29 nests were recorded in 2017 along Chindwin River and Ayeyawady River. In 2018, the number of river terns increased remarkably. Some 89 river terns, 23...

‘The tide was like a monster’: Ten years after Nargis, delta remains vulnerable

​03 May 18 - LABUTTA, Ayeyarwady Region – When U Maung Kyin switched on his radio early on May 3, 2008, other residents in his village of Pyinsalu gathered to listen to the news on the state-run channel, Myanma Athan. The government was saying that just one person had died in Labutta Township a...

Yangon’s “new city” authority to publicise project documents in bid to improve transparency

03 May 18 - The authority responsible for Yangon's new city development has vowed to release the project documents of selected tenders for public scrutiny, and allow third parties to challenge the awarded party. On May 2, the government-owned New Yangon Development Company Limited (NYDC) announ...

Ayeyarwady Decision Support System and Basin Master Plan

11 April 18 - DHI has just signed the contract for the World Bank funded project "Development of the Ayeyarwady Decision Support System and Basin Master Plan" in Myanmar where DHI in collaboration with Mott Macdonald and ICEM will develop and implement the Ayeyarwady Basin DSS and the Ayeyarwad...

Yangon works with China to lay down development plan for new city project

​02 May 18 - New Yangon Development Company (NYDC) on Monday signed a framework agreement with China Communications Construction Company (CCCC) under which the two parties will carry out the necessary surveys and studies needed to develop and implement a new city in Yangon. NYDC is backed by th...

Yangon deep-sea port brings hope in disappearing villages

27 Apr 18 - Plans for a deep-sea port as part of the ambitious New Yangon City project have been welcomed by the residents of five villages who are at risk of being washed away due to riverbank erosion.  About a dozen houses, mostly small bamboo huts, occupy the narrow strip of land betwee...

Yangon focuses on creating growth opportunities, raising living standards

​26 Apr 18 - 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...

Region Government plans to distribute water to Dala after monsoon

​24 Apr 2018 - The Yangon City Development Committee (YCDC) will start distributing water in Dala Township after this year's rainy season, according to Yangon Region Chief Minister U Phyo Min Thein. The project has reached the water purification stage. The YCDC will carry out the distribution o...

Investor interest in New Yangon City project rises, more Foreign Direct Investment (FDI) expected

​24 Apr 18 - Since its launch in early April, investor interest in the New Yangon City project from China, South Korea and ASEAN has been on the rise, Yangon Chief Minister U Phyo Min Thein said during a press conference at the 2018 Yangon Investment Forum on April 20. The Yangon Region Governm...