Press Release

NYDC Signs Framework Agreement with Leading Infrastructure Company for First Stage of NYDC Challenge

Yangon, Myanmar, 2 May 2018 – H.E. Daw Nilar Kyaw, Minister of Electricity, Industry, Transport and Communication and Chairperson of New Yangon Development Company Limited (“NYDC”) today signed a framework agreement with Hong Kong-listed company, China Communications Construction Company Ltd. (“CCCC”), for the preparation and submission of a detailed project ...
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New Yangon City to be Built on Land West of the Yangon River

Yangon, Myanmar, 31 March 2018 – H.E. U Phyo Min Thein, Chief Minister of Yangon Regional Government, today announced the launch of New Yangon Development Company Ltd. (“NYDC”). The objective of NYDC is to create economic growth, homes and jobs via the development of land to the west of Yangon ...
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