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CEO Weekly Blog

NYDC – Making Steady Progress; SEMP, Urban Master Planning

NYDC – Making Steady Progress; SEMP ,Urban Master Planning We have been quiet, but that doesn’t mean we have not been busy. August has been a hectic month as we plough through documents and conduct various negotiations and discussions. Here I’m happy to update you on a few key things ...
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Gathering the Voices of Experts

Gathering the Voices of Experts Planning a city from scratch is a bit like having a clean sheet of paper to draw on – it could be daunting, while at the same time, exhilarating. It has been done before, all over the world. We see success stories such as Singapore; ...
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Orchestrating and fine tuning Phase 1

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, this is what I ...
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The First of Many Town Halls

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 of interest and the ...
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The Importance of Town Hall Meetings

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, both from those who ...
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Recent Investors Concerned About Reliability of Contracts Signed with Governments

Recent Investors Concerned About Reliability of Contracts Signed with Governments The dramatic political winds of change that swept across Malaysia last month were a reminder of the inherent political risk for any investments. Such risk may be amplified when the new government does not uphold the decisions of the previous ...
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Delivering a Competitive and Equitable Rate of Return

Delivering a Competitive and Equitable Rate of Return Frontier markets are high-growth, but are also among the smallest, least mature and least liquid economies. These markets are not developed enough to enter the ’emerging’ stage but are growing rapidly and attracting ambitious investors. However, the economic and political fragility of ...
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Towards a Safe, Smart, Clean and Liveable Yangon

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 is that ...
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How to keep the lid on flooding

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 conditions of our ...
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In the Business of Promoting Business

In the Business of Promoting Business  “Governments need to focus on government-related work. Why are they going into business?” “Is it necessary for the Yangon Regional Government to establish a corporation such as NYDC to conduct business?” “Is the Yangon Regional Government trying to build a business empire?” There have ...
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