New industrial park proposed near Yangon
A major Myanmar conglomerate has proposed a new industrial park to be developed outside Yangon. This is the latest of 11 proposed industrial centres designed to attract foreign investment. According to The Myanmar Times, the Tah Moe Hnye Group Invest
Mottama Development opens property gallery
Mottama Development Group Co., a leading developer in Myanmar, celebrates the grand opening of its new Property Gallery in Yangon. The event launches the company’s latest development projects. The new property gallery will serve as a hub for invest
Yangon Regional government withdraws project spending
The Yangon Region Government has withdrawn plans to spend about MMK 16 billion (USD 10.45 million) on construction projects and the purchase of a ferry. It will instead spend the money on development projects, according to an article in The Irrawaddy
US Secretary of State to visit SE Asia
United States Secretary of State Mike Pompeo will visit Bangkok next month, where he will recommit his country’s development support to the SEA Region. According to an AFP article, Pompeo will attend the ASEAN Ministerial Meeting in Bangkok on July
‘Priority projects’ announced by Yangon Government
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, por
