New Yangon City Project Receives Positive Reception From Investors
I am encouraged by a couple of events that occurred recently.
Firstly, the Vice Chairman of the National Development and Reform Commission of China (NDRC), Mr. Ning Jizhe, paid an official visit to Myanmar late last month. During his formal courtesy call to the Yangon Chief Minister, Mr. Ning reiterated China’s support for the development of New Yangon City. This is significant as a considerable sum of investment will be required for the construction of the basic infrastructure for the viability of the new city.