Capital Construction MyanmarInvestment Building Myanmar
Myanmar's new capital is under construction again
Myanmar's new capital Nay Pyi Taw continues to be built after four years of building, housing, major streets, marketplaces, hotels, caravans and resort development in the area. About five new cities in the capital area will be built in the time after the Yangon administration capital moves, in parallel to the three already in existence - Pyinmana, Lewe and Tatkon.
Oathara Thiri, Dekkina Thiri, Poppha Thiri, Zapu Thiri, Zeyar Thiri will increase the overall number of cities that make up the capital area at the county scale to 8 and remove them from the Mandalay partition as a Township. Meanwhile, Myanmar moved its residual ministries from the former capital Yangon to the new administration capital, as the last stage after most office moves took place there.
According to Yangon authorities, the ministry departments' bureaus will remain in the south of Myanmar as ministry-bureaux. In November 2005, Myanmar moved its former capital Yangon to Nay Pyi Taw, about 390 km further up the road. According to officials, the new capital has an area of 7,054.37 km2 and a total of 924,608 inhabitants.
Over a year after the move, the U Soe Tha, Minister of National Planning and Economic Development, led the U Soe Tha administration to form a commission to sell off some of the state properties abandoned in Yangon. Auctions also include some residential properties built under state control and related properties.
As part of its effort to increase the new capital, the Myanmar authorities have agreed to allocate land in Nay Pyi Taw to long-term officials, giving preference to those who have at least ten years in public sector and two years in Nay Pyi Taw to buy the allocated land.
The Nay Pyi Taw Municipality has been inviting investments from locals to the capital's urban area since 2006, and offers them lands for this use. Meanwhile, as part of the new capital's expansion, Myanmar is also seeking to improve its transportation links with Nay Pyi Taw.
The new 8-lane motorway, which connects Yangon directly with Nay Pyi Taw and was constructed by 12 large privately owned construction firms, has been in operation since March this year. is the previous part of the 563 km long Yangon-Nay Pyi Taw-Mandalay motorway. Myanmar is also considering building another Nay Pyi Taw train terminal next to the current Pyinmana train terminal to make it easier to get to the new capital.
Besides the Zoo, the Aquatic Gardens, the Herb Gardens, the Monument Gardens and the Ngalikekantha Reserve, which were built there, 42 new retail centres have been built by municipalities to attract more people. Nay Pyi Taw has several modernised facilities including government offices, housing districts, privately owned clinic, retail banking, Union of Myanmar Chambers of Commerce and Industry (UMFCCI) and Shwe Pazun Building.
Other construction groups are now also realizing several multinational malls. One of them was the first privately owned "Junction Centre - Nay Pyi Taw" by the huge Shwe Taung Development Companys. It opened in August this year. Nay Pyi Taw is supposed to be further evolved in the next ten years to have the qualities of a town.