new yangon city development project
It began in September, 2014 and has since finished the map layout, blueprints and some foundation works. New Yangon City (NYC) is a 20,000 acre development to the west of Central Yangon across from Kyee Myin Daing. Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube. of search terms would be “property research report”, ”condominium law”, “Puma Energy”, “MOGE”, “yangon new town”,”MECTEL”, “hydropower”, etc. The Colombo Port City is expected to take around 25 years to complete with a budget of 15 billion dollars. The concept of a ‘smart city’ is worth considering, and making it as the foundation in the development of the new city is the right way to go. Once the proposal is finalised, NYDC will disclose the documents to the public and call a tender. The Yangon City Project, on the other hand, looks to be heavily slanted proposition of per acre Kyat 310 Lakh deal. The railway station area development projects will be carried out in six main station areas including the Yangon Central, Kyimindine, … Golden City has nearly 280,000sqm of floor area in its 33-story towers in Yangon’s upscale Yankin Township. NYDC targets growth in housing, employment and investment with Phase 1 of its New Yangon City plan. Yangon’s New City development project initiates ‘Swiss challenge’ January 31, 2020 by Thiha The Yangon government has launched a “Swiss challenge” tender for Yangon New City’s first-stage infrastructure projects, following Chinese President Xi Jinping’s visit to Myanmar. To learn more about the latest Travel Restrictions affecting all travelers entering Myanmar due to the COVID19 Pandemic, click here, #mc_embed_signup{background:#fff; clear:left; font:14px Helvetica,Arial,sans-serif; } Country, Site: Yangon, Republic of the Union of Myanmar: Project Outline: The objective of this project is to mitigate traffic congestion and improve urban environment of Yangon city by rehabilitating drainage facilities, removing bottlenecks on major roads, improving streetscape in the central business district thereby contributing to social economic development of Yangon city. Daw Nilar Kyaw, the regional minister for electricity, industry and transportation, made the remarks on July 10 during a special.. Yangon Mayor U Maung Maung Soe and Song Hailiang, president of state-owned China Communications Construction Co (CCCC) signed a Letter of Intent for the New Urban Development of Yangon City on January 18, during the Chinese leader’s visit. Launched by the regional government in March 2018, the Yangon New City project covers an area twice the size of Singapore. The New Yangon City project is an ambitious and controversial idea in its early conception days. (4) Myanmar Times Websites (Myanmar/English) The Yangon City Project, on the other hand, looks to be heavily slanted proposition of per acre Kyat 310 Lakh deal. develop another 11 new industrial parks across the Yangon Region. If a company is able to challenge CCCC with a lower bid to build the infrastructure, it will be selected instead but will need to pay CCCC for the costs incurred. In April 2016, the new National League for Democracy-controlled Yangon Region government asked developers to submit new plans for the project. The project is aligned with the following impact: Yangon City''s urban resilience and liveability enhanced. Development Projects and Investments are growing faster in Yangon Region. The government of Myanmar has split a Chinese-backed project to create a district for Yangon, the country’s commercial capital. NYDC announced the development of New Yangon City project last year. Myanmar SEADRM Project လမ်းညွှန်ဗွီဒီယိုများ Invitation For Expressions Of Interest (EOI) For Development of Industrial Park With Essential Ancillary Infrastructure In New Urban Development Of Yangon City (2) Myanmar Times Daily Edition (English) (8) Myanmar Times TV Yangon Mapping Project 2017 Dec. –2019 April To implement the vision 2040, it’s necessary to build basic map data infrastructure for infrastructural development plans in Yangon. Nine firms purchase right to submit proposals for first phase of the New Yangon City Development project Nine out of 15 eligible organisations have paid the Request for Proposal (RfP) fee which allows them to access documents related to investing in the first phase of the New Yangon City Development project, according to the Ministry […] While CCCC will be controlling in actuality close to 134400 acres out of total 168000 acres after compensating original land owners via a 20:80 ratio, it will still be at a rate 10 times lower than current market prices. After an approval is received, YCDC will launch the Swiss challenge tender, said NYDC CEO Serge Pun in an announcement. The final report includes a short-term plan for measures to be adopted by 2020, a mid-term plan for 2025 and long term for 2035. The Development Services Center (DSC) is responsible for reviewing and issuing a wide array of Land Use and Construction Permits ranging from simple same day permits to complex development projects.The permit you need to execute your project will depend on what type of project you are working on. The first phase is scheduled for completion by 2020, and will include the development of roads, bridges, utilities and telecommunications infrastructure, public transport, as well as residential, industrial and commercial zones. The project is waiting for approval from the central government. New Yangon City Development Project has received 16 Expressions of Interests (EOI) submitted by companies and consortiums from nine countries in the Swiss Challenge for the first package of works launched on October 15, 2020, by the Swiss Challenge Tender Committee. The Colombo Port City is expected to take around 25 years to complete with a budget of 15 billion dollars. The industrial zone forms a core part of the new city project launched by the regional government in March 2018, with a target of US$1.5 billion (K2.83 trillion) investment and with the first phase covering 88.30 square kilometres of land on the western bank of the Yangon River. At a meeting with journalists from China and Southeast Asia earlier this year, the company stated that job … Yangon’s New City development project initiates ‘Swiss challenge’. The railway station area development projects will be carried out in six main station areas including the Yangon Central, Kyimindine, … (3) Myanmar Times WEEKEND If a company is able to challenge CCCC with a lower bid to build the infrastructure, it will be selected instead but will need to pay CCCC for the costs incurred. (6) Myanmar Times Twitter Page Dusit Thani Yangon will offer a new level of hospitality within the city’s landmark mixed-use development in the upcoming, new Central Business District Leading global hospitality company Dusit International has signed a management agreement with Myanmar V-Pile Group to operate the Dusit Thani Yangon. Please use the links below to look for Snohomish County projects. In 2018, Myanmar allowed CCCC to draw up a proposal to build the first phase of the US$1.5 billion public-private New Yangon City project, a new city near the … ON JANUARY 12, the Chinese embassy in Yangon issued a statement that mentioned the US$.3.6 billion Myitsone dam project, suspended by the government since 2011, in a manner that aroused indignation in political circles and among the public. 2B + 15 : 203 Yangon Inno City Project : Inno Co.,Ltd. New Yangon City Project: China, CCCC and Myanmar’s profits. Yangon Mayor U Maung Maung Soe and Song Hailiang, president of state-owned China Communications Construction Co (CCCC) signed a Letter of Intent for the New Urban Development of Yangon City … The project will have the following outcome: Yangon City''s security of water supply reinforced. 2B + 15 : 203 Yangon Inno City Project 494. The YCDC has submitted the Pre-Project Documents for six Stage 1 infrastructure workstreams for approval to the Union Government level. © Copyright 2021 The Myanmar Times. The new Yangon city project will be helping China to expand its commercial and economic influence deep into Myanmar’s heartland, analysts say. It is expected that the New Yangon City project will create two million new jobs. Myanmar Consolidated Media Co., Ltd. will temporarily suspend 3 months the following businesses starting from 21 February 2021 at 10:00 am. Yangon Mayor U Maung Maung Soe and Song Hailiang, president of state-owned China Communications Construction Co (CCCC) signed a Letter of Intent for the New Urban Development of Yangon City on January 18, during the Chinese leader’s visit. The railway station area development projects will be carried out in six main station areas including the Yangon Central, Kyimindine, … Myanmar SEADRM Project လမ်းညွှန်ဗွီဒီယိုများ Invitation For Expressions Of Interest (EOI) For Development of Industrial Park With Essential Ancillary Infrastructure In New Urban Development Of Yangon City The expressions of interest deadline for the New Yangon Development Company Challenge is fast approaching, with submissions to close by the end of the month. The new town projects are planned for Thilawa New City, Southwest New City, Dagon East New City and Dala New City. The new town projects are planned for Thilawa New City, Southwest New City, Dagon East New City and Dala New City. Incorporating various elements – commercial buildings along Strand, Merchant and Phayre (now Pansodan) streets, colonial administration at the Executive House along Dalhousie Street (now Mahabandoola) and local religion with Sule Pagoda at the center of the city, Rangoon was … Myanmar continues pushback against BRI: Chinese Eco Development Zone faces turbulence 05 Aug, 2020, 10.32 AM IST. (5) Myanmar Times Facebook Pages (Myanmar/English) (9) MCM Printing House. He added that the process will be carried out in a transparent and fair way in accordance with the law. The new town projects are planned for Thilawa New City, Southwest New City, Dagon East New City and Dala New City. The 20,000-acre New Yangon City project is expected to be twice the size of Singapore and is one of the projects under China’s ambitious Belt and Road Initiative (BRI). The Colombo Port City is an integral part of China's Belt and Road Initiative, just as the new Yangon City Development Project is. The project will complement YCDC''s strategic plan by increasing its supply of raw water from Ngamoeyeik reservoir to Nyaungnhapin WTP by one-third from 613.5 MLD to 818 MLD. • Privacy Policy • Disclaimer, Singapore Business Federation’s Networking Session in Yangon, Import office equipment and service related equipment, Development Zone for Tax Exemption under MIL, Restricted Investment Activities under MIL, Restricted areas for foreigners and tourists in Myanmar, Business Chambers and Associations in Myanmar, The Inside Story of Thailand and Myanmar’s Troubled Dawei Mega-Project, Infrastructure, agriculture sectors at risk of slower investments, No disruptions to Korea-backed industrial park in Yangon, Kirin Scraps Joint Venture With Myanmar Military-Owned Firm After Coup, Myanmar to continue efforts to support economy amid COVID-19, https://www.youtube.com/watch?v=xkPm2XpaAzc, https://www.youtube.com/watch?v=9uJ1wIkICYs. NYDC signed an agreement with CCCC to prepare detailed pre-project documents infrastructure and a 10-square-kilometre industrial estate. (T) Project for Capacity Development Maintenance of Rolling Stocks 3 Others (Development of Hub Fasilities) (O) Enhancement of water transportation network of the Yangon city New Yangon City Project: China, CCCC and Myanmar’s profits 1 If we were to take a look back at the New Yangon City Development Master Plan (hereinafter referred to as the Yangon City Project), one will find that it is directly linked to China’s mega-infrastructure project that is the One Belt One Road (OBOR). The Yangon government-backe d NYDC signed a US$1.5-billion framework agreement in 2018 with Beijing-based China Communications Construction Company, Ltd. (CCCC) to draw up a proposal for the infrastructure project. (1) Myanmar Times Daily (Myanmar) The company was widely criticised for inking the deal without calling a tender. Some features of our homes may be optional or available in select communities only and are subject to changes or substitution without notice.The prices of our homes, included features, plans, specifications, promotions/incentives, and available locations are subject to change without notice. Letter of Intent regarding New Urban Development of Yangon City. It began in September, 2014 and has since finished the map layout, blueprints and some foundation works. Phase 1, slated for completion by 2020, will include the construction of five villages and townships, two bridges, 26 kilometres (16 mi) main roads, industrial zones, power plants, power distribution facilities and water and sewage treatment plants. 1B + 2 nos. 1B + 31 Storeyed : 204 Campbell Avenu : U Thar Oo+Daw Khin Ma Ma Yin : No.134, Ngar Htet Gyi Pagoda Road, Bahan Township. /* Add your own Mailchimp form style overrides in your site stylesheet or in this style block. Downtown Yangon reflects British urban planning, with streets designed like a lattice work. The Yangon regional government-owned New Yangon Development Company and CCCC signed an agreement in 2018 under which the Chinese firm was to draw up a proposal for the first phase of the project worth US$1.5 billion (1.95 trillion kyats). NB: The best way to find information on this website is to key in your search terms into the Search Box in the top right corner of this web page. The land is located in a flood-prone a… Yangon’s New City development project initiates ‘Swiss challenge’, Myanmar’s corn exports on the rise but Thai imports more than halved, Mandalay market sees 10 pc drop in prices, Myanmar to prioritise economic recovery, says minister, Internet cut spells trouble for online businesses in Myanmar, Myanmar businesses call for stability in banking sector, IT associations call for amendments to Myanmar cybersecurity bill.