13 May 18 (Xinhua) -- Myanmar has laid out new urban development projects of Yangon region inviting local and foreign entrepreneurs to invest in the master plan through a recent Yangon Investment Forum held in the commercial city. The Yangon Region Investment Committee outlined that sub-center...
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...
Ayeyarwady SOBA Report Launched - An example of Integrated Water Management in Practice
The most comprehensive assessment ever completed on Myanmar's Ayeyarwady River Basin was released at the 3rd Asia-Pacific Water Summit in Yangon, Myanmar, in December 2017. The Australian Water Partnership supported the Government of Myanmar's National Water Resources Committee (NWRC) in undertaking...
India funds flood, earthquake warning systems in Myanmar
07 May 18 - India has launched a flood and earthquake early warning systems in Myanmar aimed at helping the country mitigate the effects of natural calamities that affect millions of people every year. Vikram Misri, India's ambassador to Myanmar, inaugurated on Friday the New Delhi-financed p...
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...
Visitors damage coral reefs on Cocks Comb
03 May 18 - Ninety percent of the coral reefs on a famous island, Cocks Comb have been damaged by the uncontrolled influx of visitors during the past two years, U Phyo Wai Yarzar, advisor of the Myanmar Tourism Marketing Association told The Myanmar Times on Wednesday. adCocks Comb Island is j...
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...