18 Sep 2020 - Source: Global New Light of Myanmar - The Yangon City Development Committee (YCDC) has planned to develop the Htantabin Industrial Park and Floating Market, which will be constructed by 14 companies, at the end of this year. "YCDC implemented the Htantabin Industrial Park and Floating Market Project, and the works of changing farmland documents of remaining 11 farmers into Form-7 certificates are underway," said Htantabin Township Hluttaw Representative U Htay Maw. He added a total of 210 factories will be constructed in the project's first two years according to MoU.
The project will enable create job opportunities that are needed during COVID-19 and will completely change the development progress of Htantabin Township, he added. The 2,237-acre project will be implemented after the farmland documents of 11 farmers are changed into Form-7 certificates.
The industrial park project will become a driving force for economic growth of Yangon and will assist socio-economic development of the rural area by creating job opportunities.—Than Soe (Translated by Kyaw Zin Tun)