Interim census planned for November this year - to review growing social and economic affairs
Rapidly growing social and economic affairs in Myanmar have triggered a plan for an interim census to be held this year announced by the Ministry of Labor, Immigration and Population.
Yangon government invites investment in 80 priority projects included in the Yangon Project Bank
The projects are spread across multiple sectors including real estate (residential and commercial), industrial zones, roads, ports, and other urban infrastructure developments such as markets and parks.
Magwe region received K1.5 billion in investments between Oct 2018 and April 2019
The Magwe Region, the second largest of Myanmar's seven divisions, has seen K1.5 billion invested recently according to the Regional Minister for Planning and Development U Zaw Min
Colliers International Welcomes New Head of Property Management
Colliers International Myanmar has recently announced the on boarding of their new Head of Property Management, Mr. Ariel Vitor effective last May 1, 2019.
Muse-Mandalay Railway to boost border trade with China
The Bangladesh-China-India-Myanmar Economic Corridor (BCIM) has been dropped from the Belt and Road Initiative setting the scene for the China-Myanmar railway to become a major thoroughafare.
256 affordable housing units to be sold in Mon State with more low cost housing required
"Developers should implement more modern but low-cost housing projects targeted towards low as well as middle-income families to meet the increasing housing demand," according to Colliers
More policy measures needed to achieve projected economic recovery
The IMF said “risks are tilted to the downside” however it expects economic growth of 6.4% in the fiscal year 2018-19 (October 2018 to September 2019) if government spending picks up.
Sales events needed to draw attention to Myanmar condos, says Colliers
Developers must make sure they harness Myanmar's investment potential in the wake of condominium licenses being issued, according to Colliers International.
