It is an honour and a privilege for me to serve the nation in the capacity of Vice Chairman and CEO of the New Yangon Development Company Limited (“NYDC”)
Myanmar is facing the onset of the approaching monsoon season with the Department of Meteorology and Hydrology warning of potential storms as the monsoon season nears. Whenever the rainy season hits upon us, we would hear constant laments on the conditions of our city’s drainage system.
The Economist Intelligence Unit (EIU) publishes an annual Global Liveability Ranking which ranks 140 cities for their urban quality of life. The cities are scored based on five categories — stability; healthcare; culture and environment; education; and infrastructure. Our hope is that one day Yangon will be ranked among the Top Ten cities.
Yangon is the economic capital and heart of our nation, with a rich history dating back to the early 11th century. Today, the city’s population of 7 million people contributes 19.3 trillion kyats to the economy, more than a quarter of Myanmar’s GDP.
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Industrialisation effort will cover an area over twice S’pore’s size
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Singapore’s former foreign minister George Yeo has been tapped to help lead the development of a Yangon city extension billed to spur growth for Myanmar, just like what Shenzhen city did for China.