Thura Shwe Mann met with local
businessmen last week to discussed the current problems they face as
well as confiscation of idle industrial lands, Dr Soe Tun, chairman of
Myanmar Farmers Association, said.
The businessmen urged those idle
industrial lands should be used for low-cost housing projects, as
observers point out that the annual housing demand in the city of Yangon
is about 25,000 homes per year.
Last year, the government initiated a
few low-costing housing projects. However, a barrage of criticisms hit
them when the housings were set at the price of 20 million kyats per
unit (US$22,500) for which average people could not afford here.
Yangon has 29 industrial zones in total, but only about 20 zones are operating their functions well.
The Department of Human Settlement and
Housing Development from time to time announced it would monitor whether
or not the proposed factories are really set up on the industrial
lands. However, it is weak in taking concrete measures, observers
comment.
Last month, Vice President Nyan Tun held
a meeting with the factory owners at the Industrial Zones
Administration Office at Hlaing Tharyar Township in Yangon because there
were many idle factories at the zones.
He said if no factory was set up on the
industrial land after 3 years of obtaining it, then the land could be
confiscated according to the existing laws.
On the other hand, there are major
industrial zones in Yangon which include Mingalardon Industrial Zone,
Shwelinban Industrial Zone, Dagon Seikkan Industrial Zone, East Dagon
Industrial Zone, Hlaing Tharyar Industrial Zone, North Dagon Industrial
Zone, North Okkalapa Industrial Zone, Shwe Pyi Thar Industrial Zone,
Tharkayta Industrial Zone and so on.
Factories and plants are mainly
concentrated in Yangon’s East region where there are 3319 factories on
the land of 3179 acres. Yangon’s West region has 659 factories, North
625 and South 76 respectively.
source: Eleven Myanmar
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