A tender will be called early next year to renovate the Yangon Trade Centre, which has been closed since a 2005 bomb attack, according to Ministry of Commerce officials.
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Hoang Anh Gia Lai (HAGL) will begin leasing units in the second 32-storey tower of its Lake Suites development this month, the developer said.
The Infrastructure of Myanmar Company plans to build 2 million affordable apartments across Myanmar and has secured its first contract – with the Kayin State government.
Korea International Cooperation Agency (KOICA) has signed with the Ministry of Construction for several ambitious projects – including master plans for the north and south of Yangon and designing a national road network.
The target opening date for Yangon’s new international airport has been pushed back by another two years to 2022.
Hmawbi township feels a long way from Yangon. Located just beyond the city’s northern limits, it is well known for supplying vegetables and fruit to the markets in Myanmar’s commercial capital.
Yangon is getting taller, but the work is not always being done well.
A number of amendments to Myanmar’s National Building Code are still pending approval, as the existing rules are deemed unsuitable for high-rise developments.
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