Myanmar moves Yangon region administrative offices to parliament house

21:50, August 24, 2010      

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The Myanmar government is planning to move some of the Yangon region administrative offices from a combined building in the downtown area to the former parliament house in the city built during the tenure of the previous Ne Win government, local media reported Tuesday.

The combined administrative office comprises of that of Yangon Region Peace and Development Council, Yangon Region General Administration, Yangon Region Police Headquarters, Directorate of Yangon City Development Committee, Yangon Region Immigration Office and Yangon Region Election Commission Office.

After the move-out, the Yangon Region Law Office will be the only office left there, some local journals said.

In June this year, a state-owned ministerial office building in Yangon was privatized to a giant private company as part of the government's privatization plan.

The well-known six-storey building office, lying on the Strand Road, was bought by the Myanmar Economic Holding limited at a price of 12,777 million Kyats ( about 12 million U.S. dollars), earlier local report said, adding that the company also won the bid for auction of the old National Library in Yangon's Tanmway in February this year with the price of 9.7 billion million kyats ( about 9.7 million dollars).

Meanwhile, a new studio complex of the Myanmar Radio and Television (MRTV-3), operating under the Information Ministry, has also been auctioned.

The Shwe Taung Development Company, which is also one of the giant private enterprises in Myanmar, has won the bid for auction of the land and building of the TV station at a price of 13 billion Kyats (over 13 million U.S. dollars).

Besides, a famous cinema -- Yadanapon on Pyay Road in Yangon was also sold out to another private enterprise at a price of 920 million Kyats (over 920,000 dollars).

Myanmar announced privatization of over 20 state-owned buildings as the latest series which include offices of the Ministry of Industry-1, Ministry of Agriculture and Irrigation, Ministry of Health, Ministry of Transport, Ministry of Energy, Ministry of Education and Ministry of Cooperatives in Yangon.

Since December last year up to March this year, the government' s Committee for Auctioning of State-Owned Building had set a total of 279 more state-owned buildings and land plots under its privatization plan.

The auction also includes textile, consumer goods, electronic and electrical goods producing factories, warehouses and cinemas respectively owned by 11 ministries and government departments.

Located across the country, these state enterprises are scattered mainly in Yangon, Mandalay, Ayeyawaddy and Bago divisions and Rakhine state.



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