Foreign-backed projects will assist in rapidly develop the infrastructure sector in Myanmar, according to the Economic and Social Survey of Asia and the Pacific 2015 by UN Economic and Social Commission for Asia and the Pacific.
Shwedagon Pagoda is the historical and cultural centre of Yangon, and if its character should fade, the character of Yangon will also fade away, said Daw Hlaing Maw Oo, assistant director of the Department of Human Settlement and Housing Development’s Urban and Regional Planning Division.
The Myanmar Real Estate Association has begun drafting a law to govern the real estate market, aiming to standardise rules governing transactions and provide mechanisms for dispute resolution.
Best Western Premier Hotel Shwe Pyi Thar has become the first internationally operated hotel to open its doors in Mandalay for more than a decade.
Over 100 people may be out of luck after winning rights to purchase low-cost housing from Shwe Lin Ban project in Yangon’s Hlaing Tharyar township, according to Daw Thida Than, a staff officer at the Department of Human Settlement and Housing Development.