yangon new city project tender

The CMEC will connect Yunnan province in China to Mandalay in central Myanmar, Yangon New City in the south and the Kyaukphyu Special Economic Zone in the west. Exact matches only. CCCC says it has the funds to invest in the project. New Yangon City project is a major urban planning project proposed by the Yangon region government, led by Chief Minister U Phyo Min Thein. Three companies submit tenders for Yangon New City Project September 28, 2015 by Thiha YANGON—Three companies, including Shwe Popa International Construction Co Ltd, a subsidiary of Shwe Than Lwin Co, submitted tender bids for Yangon New City Project. ALL ABOUT YANGON CITY PROJECT COLLECTION 2019 1. E.g. Known as the New Yangon City project, it is an element of the China-Myanmar Economic Corridor (CMEC), which is a part of China’s Belt and Road Initiative (BRI). The Yangon government has launched a “Swiss challenge” tender for Yangon New City’s first-stage infrastructure projects, following Chinese President Xi Jinping’s visit to Myanmar. The Myanmar government will split up the tender process of U Phyo Min Thein’s ambitious new city project, making it less difficult for companies to. A pet project of Yangon Region Chief Minister U Phyo Min Thein, the “new city” scheme was launched in March 2018 and covers an area twice the size of The project is being executed by the New Yangon Development Company (NYDC), which is wholly owned by the Yangon regional government. 494. New Yangon City Development Project has received 16 Expressions of Interests (EOI) submitted by companies and consortiums from nine countries in the Swiss Challenge for the first package of works launched on October 15, 2020, by the Swiss Challenge Tender Committee. The new city is located in an area which can Myanmar breaks up Yangon new city for tender. New Yangon City project is a major urban planning project proposed by the Yangon region government, led by Chief Minister U Phyo Min Thein. Three firms have been awarded the tender to build the controversial 4,745 hectare Yangon New City development to the west of the capital. withstand only 90 centimetres of sea level rise. The originally massive project was The new industrial park and ancillary infrastructure will be “unbundled” into smaller projects, which will then be put out to tender. At a meeting with journalists from China and Southeast Asia earlier this year, the company stated that job creation was the main reason for building the new city. • Privacy Policy • Disclaimer, Singapore Business Federation’s Networking Session in Yangon, Import office equipment and service related equipment, Development Zone for Tax Exemption under MIL, Restricted Investment Activities under MIL, Restricted areas for foreigners and tourists in Myanmar, Business Chambers and Associations in Myanmar, The Inside Story of Thailand and Myanmar’s Troubled Dawei Mega-Project, Infrastructure, agriculture sectors at risk of slower investments, No disruptions to Korea-backed industrial park in Yangon, Kirin Scraps Joint Venture With Myanmar Military-Owned Firm After Coup, Myanmar to continue efforts to support economy amid COVID-19, https://www.youtube.com/watch?v=xkPm2XpaAzc, https://www.youtube.com/watch?v=9uJ1wIkICYs. The project will be developed under Public-Private Partnerships (PPP) system with a total of 47.5 kilometers in length. Myanmar says it has received 16 proposals from nine countries, including Japan, Singapore, Italy, Spain and France, to compete against a Chinese company’s proposal for the New Yangon City project, which is part of China’s Belt and Road Initiative (BRI). Singapore with a target of US$1.5 billion (K2.83 trillion) investment. US offers technical assistance to boost investments in Myanmar, Shan State to implement five tourism cities, Daw Aung San Suu Kyi reminds people not to be careless despite the vaccine. It is the Committee’s objective to apply a structured and transparent process with the aim of encouraging the … Location Map- New Yangon City Phase I 90 sq km 600 sq km 2. Amata, the leading industrial city developer, will start implementing the first phase of Yangon Amata Smart and Eco City project under Amata Asia (Myanmar) Limited, with a capital of US$1 billion. At an investment seminar organised by the Japan External Trade Organization today (July 29), Investment Minister U Thaung Tun said different components of the Yangon New City project … The project is being executed by the New Yangon Development Company (NYDC), which is wholly owned by the Yangon regional government. Launched by the regional government in March 2018, the new city project covers an area twice the size of Singapore with a target of US$1.5 billion (K2.83 trillion) investment. Our project was among the exchanges. It organized... Myanmar Business Today (MBT) is Myanmar’s largest circulating business publication. Myanmar breaks up Yangon new city for tender. The government has estimated that Yangon will develop into a mega city in the next 10 years. Myanmar Receives 16 Proposals from nine countries for New Yangon City Project. “We shall adhere to international best practice, ensuring that the process be carried out in a transparent manner through competitive tendering, supported by a leading international transaction advisory firm,” said U Thaung Tun, who did not name the company. NYDC is a special company incorporated by the Yangon region government in March 2018 to undertake the development of the Yangon New City as a … The first phase of the project will start on 200 acres. However, the project has been a source of controversy due to its flood-prone location as well as CCCC’s involvement. The 13 per cent was not the bank interest rate. State-run CCCC has been embroiled in multiple scandals overseas, accused of corruption and bribery and was previously sanctioned by the World Bank for fraud. Myanmar Government Invites Submissions of Competing Proposals for China-Initiated New Yangon City Project The Myanmar government has invited investors to submit competing proposals against a Chinese company’s proposal to develop an industrial park and related infrastructure for the New Yangon City project, in a move that brings the backbone project under China’s ambitious Belt and […] NYDC Finalizing Pre‐Project Documents for Inviting Tender for New City Project The New Yangon Development Company (NYDC), led by Yangon Regional Government and parter China Communication Construction Company, is finalizing Pre‐Project Documents (PPD) for inviting tender in accordance with NYDC Challenge. On Saturday, the Ministry of Investment and Foreign Economic Relations said 16 consortiums submitted expressions of interest (EOI), some of which involve two companies in Myanmar, … At an investment seminar organised by the Japan External Trade Organization today (July 29), Investment Minister U Thaung Tun said different components of the Yangon New City project will be separately tendered. At a meeting with journalists from China and Southeast Asia earlier this year, the company stated that job creation was the main reason for building the new city. The Committee has chosen an international consulting firm, Roland Berger, as Transaction Advisor to administer the Swiss Challenge. for publishing, marketing, advertising, and distribution services. According to the project’s masterplan, the New Yangon City will be both livable and productive, able to support a 1.2 million population and create around two million jobs. “The whole [New Yangon City] project will be implemented with 100 percent investment from the private sector,” Pun said at a “town hall meeting” in Yangon on Saturday that was held to respond to questions surrounding the new city project. New Yangon City Development (NYDC), the regional government-owned developer led by its CEO Serge Pun, signed an agreement with China Communications Yangon’s population density was 310 people per sq.km in 1973, 387 people per sq.km in 1983 and was 716 people per sq.km in 2014. challenge its pre-ordained Chinese developer.At an investment seminar organised by the Japan External Trade Organization today (July 29), Investment Minister U Thaung Tun said different components of the Yangon New City project will be separately tendered. The Yangon government’s 2019 guidebook listing the city’s projects—the Yangon Project Bank— estimates the New Yangon City project’s total cost at $8 billion. TPN Media's is registered in Myanmar under the name UT Business Media Co.,Ltd. The Myanmar government will split up the tender process of U Phyo Min Thein’s ambitious new city project, making it less difficult for companies to challenge its pre-ordained Chinese developer. The estimated time taken for the development project will be 10 years”, said U Kyaw Soe, minister for Forestry and Energy, Yangon. It is a company wholly-owned by the Yangon Region government. YANGON—The Myanmar government has invited investors to submit competing proposals against a Chinese company’s proposal to develop an industrial park and related infrastructure for the New Yangon City project, in a move that brings the backbone project under China’s ambitious Belt and Road Initiative (BRI) one step closer to implementation. The Ministry of Natural Resource and Environmental Conservation said that it is preparing to declare the Popa area as the National Geopark. tender but said this was to “avoid wasting time” and a so-called “Swiss Challenge” would be carried out instead. It is Myanmar's first and the only bilingual (English-Myanmar) business newspaper, and is distributed in Myanmar and Thailand. Former Yangon Chief Minister U Myint Swe gave the nod to Myanma Saytanar Myothit Public Company for the new Yangon City Project without the invitation of tender. At the discussion, the NYDC’s CEO U Thein Wai said the new Yangon city project would create two million jobs. By Nan Lwin 26 October 2020. New Yangon Development Company Limited (Registration No. At the beginning of this project, the question was raised about the country’s sovereignty due to the involvement of Chinese companies and businesspersons behind the curtain. Tender forms are available at the regional government office at a price of K50,000 per document, and the proposals will have to be submitted by August 18. This included infrastructure, economic development, environmental planning, transportation planning, social and cultural planning. © Copyright Myanmar Business Today - 2021, Yangon’s New City Project receives 16 proposals from nine countries, MAI Receives Second A320, Taking Its Fleet Size to Seven Aircraft, Daw Aung San Suu Kyi reminds people not to be careless…, Ministry prepares to declare Popa as National Geopark, Fishery export to China needs COVID-19 clearance certificate, SCM Bank to kick off its services by developing digital payment…, Myanmar builds $8.27 million market center for agri-products, Yangon Amata Smart and Eco City Project Kicks Off, Yangon to Bangkok Highway Project Kicks Off, Govt provides food to migrant workers in Thailand, More relief flight to bring backs Myanmar people stranded in Malaysia, Ooredoo Group and Ericsson sign five-year 5G agreement, 2C2P Partners with KBZPay to Expand the Digital Payments Network in…, CB Bank launched CB Card+ Mobile Application, Big Bad Wolf Book Sale Going Online This Year, In the Time of Crisis, Protect Your Valuable Assets; It’s People, World’s ultra-wealthy go for gold amid stimulus bonanza, India approves Gilead’s remdesivir to treat severe COVID-19 cases. Three firms have been awarded the tender to build the controversial 4,745 hectare Yangon New City development to the west of the capital. */. This tender will be in the form of a Swiss Challenge based on the initial agreement with China Communications Construction Company (CCCC). mso-font-width:98%\”>After being suspended for 10 months amid accusations of a lack of transparency in its initial bid, the government approved the project in … July 23, 2019. In late July 2020, the Myanmar authorities decided to subdivide certain tenders for the construction of Yangon New City, a BRI flagship project in Myanmar. August 10, 2020 by Thiha. The tender process for the development, which is part of China’s huge New Yangon City project, is likely to be conducted after the November general election, based on … Construction Company (CCCC) to prepare “pre-project documents” for a raft of infrastructure proposals. NYDC is incorporated as an 100% State-Owned entity to undertake the development of the New Yangon City. The decision was labeled a time saving tactic. Yangon Mayor U Maung Maung Soe and Song Hailiang, president of state-owned China Communications Construction Co (CCCC) signed a … U Phyo Min Thein has announced he is not seeking re-election for the 2020 polls. As Myanmar is one of the most vulnerable countries to climate change, research by think tank Climate Central Development has not begun, however, with the National League for Democracy-led regional government ordering that the project undergo a review . The $1.68 billion proposal by CCCC includes building two bridges to connect the new city with downtown Yangon, 26 kilometres of roads, and a water treatment, supply network and sewage system for five townships and an industrial zone. Three companies won tenders in 2015 to develop the “new city” project, sited west of downtown Yangon. mso-font-width:98%\”>After being suspended for 10 months amid accusations of a lack of transparency in its initial bid, the government approved the project in … U Thaung Tun’s announcement marks a shift for the megaproject because companies could now challenge CCCC for individual infrastructure proposals. 114946508) invites interested companies to begin the first step of NYDC Challenge for the below infrastructure projects for development of the New Yangon City Phase 1. “The three companies had applied for the project tender and have been approved. Breaking up the tender into smaller ones, however, does not address the fundamental flaw of the project location. YANGON—The Myanmar government has invited investors to submit competing proposals against a Chinese company’s proposal to develop an industrial park and related infrastructure for the New Yangon City project, in a move that brings the backbone project under China’s ambitious Belt and Road Initiative (BRI) one step closer to implementation. “Swiss Challenge” tender for the development of an industrial park in Yangon's “New City” This is to inform you that a tender was put out today for the development of an industrial park with essential ancillary infrastructure within the Yangon New City project. The Myanmar government will split up the tender process of U Phyo Min Thein’s ambitious new city project, making it less difficult for companies to By Nan Lwin 16 October 2020 . Under the process, the initial development proposal drawn up by the Beijing-based China Communications Construction Co. Ltd. (CCCC). AECOM Singapore Pte Ltd was appointed by the New Yangon Development Company Limited (NYDC) to prepare the Master Plan and Strategic Plan for the New Yangon City (NYC) in September 2018. Yangon City Development Committee (Burmese: ရန်ကုန်မြို့တော် စည်ပင်သာယာရေး ကော်မတီ, abbreviated YCDC) is the administrative body of Yangon, the largest city and former capital of Myanmar (Burma). Consult-Myanmar Co Ltd, Myanmar Co Reg No: 100066009. The committee's chairman also acts as the city's mayor. The Myanmar government will split up the tender process of U Phyo Min Thein’s ambitious new city project, making it less difficult for companies to challenge its pre-ordained Chinese developer. To see the original article click link here. of search terms would be “property research report”, ”condominium law”, “Puma Energy”, “MOGE”, “yangon new town”,”MECTEL”, “hydropower”, etc. "Tenders from both local and foreign companies will be called soon," said an official at the Yangon City Development Committee's city planning and land administration department. It was widely criticised for doing so without calling a The project includes a logistics component that will connect the new city with nearby cities, to ensure land prices do not drop after the new city is completed. A Letter of Intent for the New Urban Development of Yangon City was signed between U Maung Maung Soe, Mayor of Yangon Region, and Mr. Song Hailiang, President of China Communications Construction Company Ltd (CCCC) on January 18, 2020. YANGON — Myanmar says it has received 16 proposals from nine countries, including Japan, Singapore, Italy, Spain and France, to compete against a Chinese company’s proposal for the New Yangon City project, which is part of China’s Belt and Road Initiative (BRI). New Yangon City Project (Burmese: ရန်ကုန်မြို့သစ်စီမံကိန်း; abbreviated NYDC) is a major urban planning project was proposed by the Yangon Region Government, led by chief minister Phyo Min Thein in 2019. It is the Committee’s objective to apply a structured and transparent process with the aim of encouraging the private sector and fostering competition. Exact matches only The Tender Committee consists of five members chaired by Deputy Minister of Transport and Communications U Kyaw Myo, with Deputy Minister of Planning, Finance & Industry U Sett Aung, Deputy Minister of Ministry of Investment and Foreign Economic Relations U Bharat Singh, Minister of Planning and Finance of the Yangon Regional Government U Ye Min Oo, and the Secretary of Yangon City Development Committee Daw Hlaing Maw Oo as members. indicated that most areas of the project will be flooded annually by 2050, if global temperature rises by 2 degrees celsius. The project will address urgent water infrastructure needs associated with bulk water supply in Yangon City. Rather than launching a tender for the project, authorising body New Yangon City Development (NYCD) awarded the contract for the project’s first phase to the China Communications Construction Company (CCCC) back in 2018. The Ministry of Investment and Foreign Economic Relations announced on 24th Oct that it has received 16 investment proposals for the New Yangon City project, which is part of China’s Belt and Road Initiative (BRI) from nine countries, including Japan, Singapore, Italy, Spain and France against China Communications Construction Company (CCCC). This decision will allow for more foreign companies, including European ones, to participate in the construction of the New City. (function($) {window.fnames = new Array(); window.ftypes = new Array();fnames[0]='EMAIL';ftypes[0]='email';fnames[1]='FNAME';ftypes[1]='text';fnames[2]='LNAME';ftypes[2]='text';fnames[3]='ADDRESS';ftypes[3]='address';fnames[4]='PHONE';ftypes[4]='phone';fnames[5]='BIRTHDAY';ftypes[5]='birthday';}(jQuery));var $mcj = jQuery.noConflict(true); Copyright © 2021 — Consult-Myanmar Co Ltd, Myanmar Co Reg No: 100066009, • All rights reserved. We recommend moving this block and the preceding CSS link to the HEAD of your HTML file. He wanted international companies to compete in the tender for the project. The new Yangon city will be located on the West of Yangon between Pun Hlaing river and Twante cannel. The first phase involves 88.30 square kilometres which encompasses land on the western bank of the Yangon River. The new industrial park and ancillary infrastructure will be “unbundled” into smaller projects, which will then be put out to tender. The Yangon New City Project was submitted to the Region Hluttaw as a solution to Yangon’s ever growing population. The area designated for this project is approximately 88.30sqkm (21819.41 acres) of land on the west bank of Yangon River, across from the existing Yangon city. ရန်ကုန်မြို့တော်မြို့ပြဖွံ့ဖြိုးတိုးတက်ရေးစီမံကိန်းသစ်၊ ပထမအဆင့်တွင်ရင်းနှီးမြှုပ်နှံရန် နိုင်ငံပေါင်း (၉)နိုင်ငံမှ စိတ်ပါဝင်စားကြောင်း အဆိုပြုလွှာ (EOI)များလက်ခံရရှိသည်ဟုပြန်ကြားရေးဝန်ကြီး ဌာနမှ သိရသည်။, ရန်ကုန်မြို့တော်မြို့ပြဖွံ့ဖြိုးတိုးတက်‌ရေးစီမံကိန်းတွင် ပါဝင်သည့် လုပ်ငန်း စီမံကိန်းများ၏ ပထမ အဆင့်အဖြစ် စီးပွားဖြစ်ရပ်တည်နိုင်စွမ်းရှိမှု သေချာသည့် စက်မှုဇုန်နှင့် လိုအပ်သော အထောက်အကူပြုအခြေခံအဆောက်အဦများကို ဆွစ်ယှဉ်ပြိုင်တင်ဒါ (Swiss Challenge) ခေါ်ယူဆောင်ရွက်နိုင်ရန် Swiss Challenge တင်ဒါကော်မတီကို ၁၆-၇-၂၀၂၀ ရက်နေ့တွင် နိုင်ငံတော်သမ္မတရုံးက ဖွဲ့စည်းခဲ့သည်။, အဆိုပါ Swiss Challenge တင်ဒါကော်မတီ သည် စီမံကိန်းရင်းနှီးတည်ဆောက်သူကို နိုင်ငံ တကာစံချိန်စံညွှန်းများနှင့်အညီ ပွင့်လင်းမြင်သာ မှု၊ တရားမျှတမှုနှင့် ယှဉ်ပြိုင်နိုင်စွမ်းရှိမှု တို့ဖြင့် အလေးထားရွေးချယ်နိုင်ရန် နိုင်ငံတကာ အကြံ ပေးကုမ္ပဏီများအနက်အကြံပေး ဝန်ဆောင်သူ (Transaction Advisor) အဖြစ် ဂျာမနီ နိုင်ငံအခြေစိုက် Roland Berger နိုင်ငံတကာ အကြံပေးအဖွဲ့ကို ရွေးချယ်လုပ်ငန်းအပ်နှံ ခဲ့ကြောင်း သိရသည်။, အကြံပေးဝန်‌ဆောင်သူ Roland Berger သည် Swiss Challenge တင်ဒါ လုပ်ငန်းစဉ်၏ ပထမ အဆင့်အဖြစ် စီမံကိန်းရင်းနှီး တည်ဆောက်ရန် စိတ်ပါဝင်စားကြောင်း အဆိုပြုလွှာ (Expression of Interest – EOI)များကိုခေါ်ယူခဲ့ရာ နောက်ဆုံး ထားတင်သွင်းရန် သတ်မှတ် ထားသည့် ၂၀၂၀ ပြည့်နှစ်၊ အောက်တိုဘာလ (၂၂) ရက်နေ့တွင် စင်ကာပူ၊ ဂျပန်၊ အီတလီ၊ စပိန်နှင့် ပြင်သစ် နိုင်ငံအပါအဝင် နိုင်ငံပေါင်း (၉)နိုင်ငံရှိ ကုမ္ပဏီနှင့် အကျိုးတူပူးပေါင်းအဖွဲ့ (Consortium) ၁၆ ဖွဲ့ထံမှစိတ်ပါဝင်စားကြောင်း အဆိုပြုလွှာ (EOI) များ လက်ခံရရှိခဲ့သည်ဟု သိရသည်။ ထိုထဲတွင် မြန်မာနိုင်ငံရှိကုမ္ပဏီ (၂) ခုနှင့် အကျိုးတူ ပူးပေါင်းအဖွဲ့ (Consortium) (၂ ) ဖွဲ့တို့ ပါဝင်ကြောင်းလည်း သိရသည်။, ထို့အပြင် ရွာမြို့ ငါးခု၊ တံတား နှစ်စင်း၊ ၂၆ ကီလိုမီတာ အရှည် ပင်မလမ်းကြောင်းများ၊ ၁၀ စတုရန်းကီလိုမီတာရှိ စက်မှုဇုန်၊ လျှပ်စစ် ဓာတ်အား ထုတ်လုပ်မှုစက်ရုံ၊ လျှပ်စစ်ဓာတ် အားဖြန့်ဖြူးရေး အဆောက်အအုံများ၊ ရေသန့်နှင့် ရေဆိုးထုတ်စက်ရုံ များ ပါဝင်မည်ဖြစ်ကြောင်း သိရသည်။. MBT became one of the first foreign-invested media houses Myanmar’s reform-era when Thailand’s established publishing company TPN Media ventured into the Southeast Asian nation in 2012 to start the frontier economy’s pioneering business publication. Support more independent journalism like this. Yangon’s New City development project initiates ‘Swiss challenge’. NYDC. The Yangon Elevated Expressway project, which is developed by the Ministry of Construction and Yangon Region government, is mainly intended to ease traffic jams in Yangon. Myanmar and the BRI Many BRI projects are planned in Myanmar. New Yangon City Development Project has received 16 Expressions of Interests (EOI) submitted by companies and consortiums from nine countries in the Swiss Challenge for the first package of works launched on October 15, 2020, by the Swiss Challenge Tender Committee. But there were no apart from China. The “Swiss Challenge” means other companies will be invited to beat the chosen companies but will need to reimburse their costs if the challenge succeeds. NB: The best way to find information on this website is to key in your search terms into the Search Box in the top right corner of this web page. The Yangon City Development Committee has issued a tender for the development of an industrial park in the New Yangon City Development project. Deadline for submission is 22 October 2020. The first phase involves 88.30 square kilometres which encompasses land on the western bank of the Yangon River, opposite Kyimyindaing township. Daw Aung San Suu Kyi reminds people not to be careless... Business Chamber Established to Boost German-Myanmar Trade Ties, International Film Festival to Take Place in Yangon This Month, Local Architects to Visit Expo in Bangkok. The master planning for New Yangon City was recently completed by AECOM, which identified the most efficient land use planning and built environment. challenge its pre-ordained Chinese developer.At an investment seminar organised by the Japan External Trade Organization today (July 29), Investment Minister U Thaung … The project will start in 2020,” he said. Myanmar's leading carrier, Myanmar Airways International (MAI), received its second A320 yesterday. The Yangon Regional Government has invited bids from interested developers for the Yangon New City project, according to an announcement in state-run newspapers. Yangon Region Chief Minister U Phyo Min Thein participates in the groundbreaking ceremony of Yangon Amata Smart and Eco City in Dagon Myothit on 27 December 2020. The project received the submission of the EOIs from 16 companies and consortiums including two local companies and two local consortiums. A Letter of Intent for the New Urban Development of Yangon City was signed between U Maung Maung Soe, Mayor of Yangon Region, and Mr. Song Hailiang, President of China Communications Construction Company Ltd (CCCC) on January 18, 2020. COVID-19 Vaccines & Treatments: Who Owns the Rights? 30/07/2020 Myanmar breaks up Yangon new city for tender. /* Add your own Mailchimp form style overrides in your site stylesheet or in this style block. NYDC is a special company incorporated by the Yangon region government in March 2018 to undertake the development of the Yangon New City as a … To learn more about the latest Travel Restrictions affecting all travelers entering Myanmar due to the COVID19 Pandemic, click here, #mc_embed_signup{background:#fff; clear:left; font:14px Helvetica,Arial,sans-serif; } It consists of 20 departments, with headquarters in the Yangon City Hall. It will support the government's strategies to make its cities more livable through the provision of better and more widespread urban water services. Analysts also hailed Myanmar’s government for splitting up the tender processes for a mega-city project in Yangon, the largest urban center and commercial capital of the country. Our project was among the exchanges.

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