CEO Weekly Blog

Progress Updates

I hope you are all having a tremendous 2020 and it is my pleasure to share the first news update of NYDC. Last week, President Xi Jinping made a State visit to Myanmar. His visit was to commemorate 70 years
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NYDC’s Role in Resettlement Process

The land resettlement of the New Yangon City is the first major milestone task for NYDC. New Yangon City Phase I project employs a pioneering resettlement model and process in Myanmar; first of its kind in the country.  Creating a
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New Board Members Lead Next Stage of NYDC Growth

In line with NYDC’s transition into the next phase of growth and our ongoing commitment to achieving high efficiency in the development of the New Yangon City, which will ultimately merge into the existing Yangon, the Yangon Regional Government has
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Connecting with experts in City Planning

The NYDC team participated in the 2019 ULI Asia Pacific Summit that was held in Shanghai, China from 11th to 13th of June 2019. Urban Land Institute, commonly known as ULI, is the oldest and largest network of cross-disciplinary real
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The Completion of New Yangon City Master Planning

The master planning for New Yangon City was recently completed by AECOM, which identified the most efficient land use planning and built environment. This included infrastructure, economic development, environmental planning, transportation planning, social and cultural planning. AECOM was able to conduct a
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How NYDC Develops New Yangon City Sustainably

For the scoping of the environmental study perimeter for New Yangon City project, the NYDC team has conducted several discussions with relevant specialists and officers from the Ministry of Natural Resources and Environmental Conservation (MONREC) – Environmental Conservation Department (ECD)
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Town Hall – 6 March, 2019

It has been nearly nine months since the first Town Hall Meeting held by the New Yangon Development Company Ltd in June 2018. Many changes and news have happened since and much progress has been made. To keep our stakeholders,
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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
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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
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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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How to keep the lid on flooding

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
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Towards a Safe, Smart, Clean and Liveable Yangon

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
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Orchestrating and fine tuning Phase 1

I’ve noticed that lately the debate between developing ‘wasteful white elephant’ buildings versus the inclusion of shiny skyscrapers and luxury housing in the New Yangon City has been a keen focus for commentators, social media bloggers and the public. Therefore,
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The First of Many Town Halls

Last Saturday we held our first NYDC town hall meeting. More than 600 attendees and close to 1,000 viewers joining us via Facebook Live, and there were nearly 25,000 views after the event. It is heartwarming to see the level
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The Importance of Town Hall Meetings

Since the launch of the New Yangon Development Company (NYDC) in March this year, questions have been raised about the project in the press and social media. It is very encouraging to see the level of interest in this project,
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