Free Knowledge... From People... To People
Search by Date Myanmar Version Mobile Version
Updated on June 12, 2018 From Myanmar Business Today

Three Companies Chosen as Preferred Bidders for Mandalay Mega Project

The Ministry of Construction has narrowed its list to three preferred bidders for a mega project, named New Mandalay Resort City, which will be developed on 10,000 acres of land near No. 21 mile post on Mandalay-Lashio Main Road in Pyi Oo Lwin, Mandalay Region.
        The ministry shortlisted six companies on May 11, and then cut the list down to three preferred bidders: Khin Myanmar Development Co., Ltd; Central Irrawaddy Development Co., Ltd; and Shwe Taung Development Co., Ltd. They were chosen by Yadanarbon New City Project Committee.
        The ministry is planning to implement the project with an aim of creating a green, clean, and smart city as soon as possible. The ministry has not yet announced when the project will be implemented. The mega project will include various industries like IT, agriculture, businesses, health, education services, hotels and tourism, according to U Thet Naing, Director of the Department of Housing and Urban Development (Mandalay Region).
        The project will be implemented with three phases: first phase will be implemented on 2,200 acres of land, second phase on 2,919 acres of land, and third phase on 4,774 acres of land.

View Count : 94 | Posted by

~ Latest News ~

Upper Namhtwam hydropower project to benefit Putao residents
Union Minister U Thant Sin Maung attends WTC-2018
YBS 32 to operate new route between Maritime University and Htaukkyant
As demand rises, CarsDB seeks funds for further expansion in Myanmar
Water floods paddy fields in Hintada district
Thai employer sacks 16 Myanmar migrant workers over protest
Four students missing in Kachin State
Yangon Government Chose ASTI for YPS Payment Services
Delegates to NLD’s 2nd Nationwide Conference elected
UNSG’s special envoy holds closed-door meeting with international diplomats in Yangon
Non-stop heavy rain destroys thousands acres plantations in Magway
More migrants return to Myanmar as arrests increase in Thailand
Yangon face squatter related challenges: mayor
Ancient pagodas discovered in Nyaung U
Mottama Holdings Plans Iconic Landmarks To Accentuate Yangon’s Potential
Crop and Land Compensation to be Doled Out Soon for Airport Project
Engage to overcome Myanmar bias against Chinese investments
NLD to hold national confab this weekend
Fourth person accused in Malaysia drug case arrested
Additional charge for Chinese sex workers in illegal Myanmar brothel case
Military chief visits flood-damaged Kyaikthalan Pagoda
Surgical instrument stuck in a patient’s belly for more than 26 years
State Counsellor’s 73rd birthday celebrated nationwide
Mandalay authority grants permission to renovate U Bein Bridge
Partnerships drive iflix’s growth in Myanmar
ANP presents two points in meeting with UNSG’s special envoy to Myanmar
Proposal to conserve natural bird nests to be discussed
Floods affect around 7400 people in Mon State
Myanmar exports over one million ton of rice from Yangon ports
Water flows over Kanyin Dam spillway
Heavy rain causes damage to portions of Myeik-Boakpyin Highway
Old stone statues found in Kyauktaw
Aquaculture production survey slated to end in April 2019
Flash floods expected to hit Mon State
Telenor Offers MBA Scholarships for Myanmar Youths
Mytel Announces Services in Myanmar
NYDC to hold talks on seeking reliable facts about much-criticized Yangon New City Project
Myanmar Port Authority to accept a new Tug Boat
Protesters demand rapid implementation of Yangon-Dala Bridge project
More News