Yangon’s New City development project initiates ‘Swiss challenge’3 กุมภาพันธ์ 2563
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.
Yangon Mayor U Maung Maung Soe and Song Hailiang, president of state-owned China Communications Construction Co (CCCC) signed a Letter of Intent for the New Urban Development of Yangon City on January 18, during the Chinese leader’s visit.
The YCDC has submitted the Pre-Project Documents for six Stage 1 infrastructure workstreams for approval to the Union Government level. After an approval is received, YCDC will launch the Swiss challenge tender, said NYDC CEO Serge Pun in an announcement.