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MDY Urban Dev't: Project To Be Publicized Soon

An urban development project of Mandalay region is going to be publicized, according to a major local relater. It will be implemented by the Mandalay Business Capital City Development Company in Shangale Kyun, in Amarapura township and it will be built based on the model of the Urban Development in other ASEAN countries. Under the project, fertile lands from swampy areas near the Ayeyawady river will be reclaimed. It will also provide better shelters for the locals. The locals in the project area will not be evicted. The project will cover 2,000 acres croplands and marchlands exclusive of existing farmlands and compensation will be disbursed after completion of the project. The project will include residential apartments, hospitals, hotels and shopping mall.
The company reached agreement with the Mandalay City Development Committee on 1 March.

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