A Closer Look at the Facts of the Project

Since the final Master Plan presentation at the YCDC City Hall on 15 February 2019, several articles and editorials have appeared in the local press and social media. While many of them supported the project and applauded the progress that has been made so far, especially the degree of transparency we have adopted in the […]

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Development of an Environment and Social Management Framework

The New Yangon City team has kick-started the Strategic Environmental Assessment (SEA) and Environmental Impact Assessment (EIA) for the Development of the New Yangon City Project Master Plan. This is in collaboration with the consultant Environmental Resources Management (ERM), the world’s largest independent sustainability company and they have been working in Myanmar since the 1990s.  […]

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NYDC Challenge Takes First Step; List of Infrastructure Projects Open to Public

NYDC  is inviting interested companies to begin the first step of the NYDC Challenge for the below infrastructure projects for development of the New Yangon City Phase 1. 1)         Power Supply and Distribution 2)         Public Transport System 3)         Cyber Connectivity Infrastructure 4)         Municipal Waste Disposal 5)         Natural Gas Supply and Distribution 6)         Convention Center The […]

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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.

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Why We Rather Not Pursue Debt Financing

Infrastructure development lies at the core of economic growth, which in turn leads to investment, job creation and ultimately poverty reduction. During Phase 1 of the New Yangon City development, our focus will be on building basic infrastructure.

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