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July 17, 2019

Affordable housing projects to be implemented soon

Photo shows new affordable housing in Thailand.

TO fill housing needs of people, the government is continuing its efforts to develop affordable housing projects in every region and state through a systematic approach.
Under the arrangement of the government, Myanmar Construction Entrepreneurs Association (MCEA) will organise the establishment of the housing schemes in collaboration with private construction groups.
With the technical assistance offered by Myanmar Coll Wall Precast Thailand and partner organisations, three types of public housings will be built with the use of precast system.
The apartments from the projects in downtown area will be sold through 15-year installment plan. Units of public housings on the outskirts of Yangon such as Dala, Hmawby and Htaukkyant townships will be sold through monthly payment system.
In the initial stage, affordable housings will be constructed on private-owned lands in three wards in South Okkalapa Township.
Plans are underway to build new housings in Shwepyitha, Dagon Myothit (South), (North) and (East).
Priorities will be given to retired civil servants, government staff and public wishing to develop self-employed businesses.

 

Myo Min Thein (Mayangon)

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