Mon 25 Feb 2013
Filed under: News,Regional
The Myanmar government is currently drafting a master plan to develop the city of Yangon to an international standard with the help of the Japan International Cooperation Agency (JICA), the state-run newspaper The New Light of Myanmar reported on February 25. “Yangon will be upgraded for emergence of an international level city. In doing so, efforts will be made for supply of electricity, potable water and better transport for the dwellers,” said an official of Yangon City Development Committee to the newspaper.
The overall city plan is being scheduled as a 30-year project; however JICA has provided about US $200 million to implement development over the first five years.
As part of the plan, Japan will assist in building power stations, power lines and in the implementation and infrastructure of Thilawa Special Economic Zone, which will be opened in 2015.