Friday 26 April 2013

Yangon’s unused factory lands proposed for low-cost housings

Myanmar businessmen proposed to the Lower House Speaker Thura Shwe Mann to turn unused factory lands at Yangon’s industrial zones into low-cost housing projects in order to meet the city’s housing demands and contain the rising industrial land prices.
Thura Shwe Mann met with local businessmen last week to discussed the current problems they face as well as confiscation of idle industrial lands, Dr Soe Tun, chairman of Myanmar Farmers Association, said.


The businessmen urged those idle industrial lands should be used for low-cost housing projects, as observers point out that the annual housing demand in the city of Yangon is about 25,000 homes per year.

Last year, the government initiated a few low-costing housing projects. However, a barrage of criticisms hit them when the housings were set at the price of 20 million kyats per unit (US$22,500) for which average people could not afford here.

Yangon has 29 industrial zones in total, but only about 20 zones are operating their functions well.

The Department of Human Settlement and Housing Development from time to time announced it would monitor whether or not the proposed factories are really set up on the industrial lands. However, it is weak in taking concrete measures, observers comment.

Last month, Vice President Nyan Tun held a meeting with the factory owners at the Industrial Zones Administration Office at Hlaing Tharyar Township in Yangon because there were many idle factories at the zones.

He said if no factory was set up on the industrial land after 3 years of obtaining it, then the land could be confiscated according to the existing laws.

On the other hand, there are major industrial zones in Yangon which include Mingalardon Industrial Zone, Shwelinban Industrial Zone, Dagon Seikkan Industrial Zone, East Dagon Industrial Zone, Hlaing Tharyar Industrial Zone, North Dagon Industrial Zone, North Okkalapa Industrial Zone, Shwe Pyi Thar Industrial Zone, Tharkayta Industrial Zone and so on.

Factories and plants are mainly concentrated in Yangon’s East region where there are 3319 factories on the land of 3179 acres. Yangon’s West region has 659 factories, North 625 and South 76 respectively.
 
source: Eleven Myanmar

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