About Us

The New Yangon Development Company Limited (NYDC) is an entity incorporated under the Special Companies Act and was established to undertake the development of the New Yangon City.

NYDC is 100% owned by the Yangon Regional Government and tasked to develop 20,000 acres of land west of central Yangon across from Kyeemyindaing as a Phase I into an urban industrial district that will initiate creation of 2 million jobs.

The vision of New Yangon City is to be a safe, smart and clean city that will serve as an example of efficiency, integrity and accountability.