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Published on Friday, 01 February 2013 12:54
Mandalay City Development Council (MCDC) is planning to work in
collaboration with construction companies to build 5,000 low cost apartment buildings project in the city.
“The project will be constructed at Myayainandar quarter. We invited businessmen who have construction licenses from MCDC to join,” said the committee member of MCDC said.
The proposed project comprises 300 unit-apartment in four stories-buildings. Each room has space of 600 square feet. The unit contains a room for worshipping, living room, kitchenette and a bathroom.
One unit will cost approximately 60 million kyats, according to the committee member. The retail price is not relative low for the poor but it is affordable for middle class and business people.
The project is located between 44 street and 48 street, Yuzana Street and Mandalay-Pyin Oo Lwin railroad in Chanmyatharzin Township. It is the place where MCDC removed the residents who live without the documents to show the ownership of the land on August 21, 2012.