August 19, 2016

take us to the bridge — Winner of Yangon new town project to donate five bridges

WITH the donation of five river bridges, a new town plan on the western outskirts of Yangon is expected to take at least ten years to complete, said U Kyaw Soe, Yangon Region Minister for Forest and Energy, in an exclusive interview with the Myanmar News Agency.
The chairman of the committee for scrutinising tender forms for the new town project said that the committee is still scrutinising the process in detail in order to select a winner for the project which will be established on 30,000 acres.
Out of 54 companies who bought tender forms, only three competed for the project.
The three developers are Yangon South West Development Public Company, Business Capital City Development Ltd and Shwe Popa International Development Co Ltd.
“The winner of the project will build five bridges for the country in return for the project, pledging that people can use them free of charge,” U Kyaw Soe said.
With 8-lane, 6-lane and 4-lane roads, the new town eyes meeting with international standards.
The new town plan is one of seven modern housing projects of the Greater Yangon Development Strategic Plan 2040 designed by the region government and the Japan International Cooperation Agency.
The new town project, approved by the Yangon Region Parliament, will be established on 30,00 acres between the Panhlaing River and the Twantay-Yangon Canal and between the Hlaing River and Hlaingthaya-Twantay Road in western Yangon.
The seven modern housing projects will be established on more than 100,000 acres of land on the outskirts of Yangon and accommodate more than 10 million people.


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