The Yangon Regional Government has announced plans for what it calls 80 priority projects in the region. According to an article in Myanmar Business Today, it is expected to include several sectors, including real estate, industrial zones, roads, ports and other infrastructure projects. One of the priority projects listed is the planned multi-billion-dollar New Yangon City Project in western Yangon, as well as a planned ring road project in the commercial capital, and an “Eco Green City Project”, the report said. “These projects are for the development of Yangon Region, and will further the entire nation’s interests,” U Phyo Min Thein, Yangon Region Chief Minister, was quoted as saying. “We are prepared to start work using various project funding sources,” he said, referring to the state budget, multilateral and bilateral development assistance and public-private partnership schemes.