- Parliament approves 60-day extension of state of emergency order in Meikhtila
- EMG to sue mysterious blogger Dr Seik Phwar
- Govt pushes for Kyaukphyu-Muse railway project without public notification
- MTN to provide assistance to other sectors if selected as operator
- Buddha images stolen in Bagan
- Public Service Media bill comes out amid criticisms over ministry-sponsored press bill
- Myanmar promises humanitarian aids for Rakhine ethnics fleeing Bangladesh
- Making Yangon City Green
- Japan’s Prime Minister to visit Myanmar in near future
- PET_CT scan to be installed at Yangon General Hospital
Yangon to build Myanmar tallest structure
Published on Wednesday, 07 November 2012 19:57

The Traders Hotel and the Sakura Tower, the two tallest buildings in Yangon (Photo - Myo Min Htet/EMG)
A Myanmar construction company will start to build the country's tallest building in Yangon next year.
The 38-storey 555 Merchant Office Tower will be built at the corner of 36th street and Merchant Street in Kyauktada Township, National Trading Company's director Maung Maung Win told a press conference on November 3.
"Buildings over 16-storey are [normally] not allowed here [in Yangon]. However, when we applied the proposal for the building [555 Merchant Office Tower], there were unexpected changes. We are still undergoing discussion, but we are sure that we are going to build this project," said Maung Maung Win.
It will take 18 to 30 months to complete the construction works which are set to launch in mid 2013.
The company estimated the project would cost more than US$100 million.