21 November

The Land Management Committee is processing applications and apportioning land types, based on applications submitted by interested buyers for plots of land owned by the Yangon Region government, said U Than, joint secretary of the Yangon City Development Committee (YCDC).

He made the remarks at a press conference on the Yangon City Development Committee’s performance.

“Currently, land types are being processed for the applications we have received. We will divide the applications for public housing and industrial businesses. We have not held a meeting yet to decide on who will get authorization to purchase the land. It is still being processed,” said U Than.

The Yangon Region government recently announced the sale of land plots for setting up industrial businesses and public housing, and the plots of land will be sold in three phases.

As part of Phase 1, land-use applications for 500 land plots in Hlinethaya, Shwepyitha, and four Dagon townships were sold on 7 October at the office complex of the General Administration Department (Eastern District), and interested buyers purchased 15,620 forms by 8 November, when the deadline ended, said U Than.

However, only 12,158 forms have been submitted, he said.

“A total of 12,158 forms were submitted when the deadline of 8 November was reached. Over 3,000 forms have not been received,” said U Than.

Meanwhile, more than 180 plots from the Myaungtagar Industrial Zone will be sold in Phase 2, and more than 9,000 acres, previously marked as agricultural land, in East Dagon and Dagon Seikkan townships will go under the hammer in Phase 3, he added.

The Land Management Committee will screen the applications and sell the plots to selected individuals and organizations for setting up businesses and housing projects.

“As the land is being sold by the regional government, it will have full guarantee,” said Yangon Mayor U Maung Maung Soe.

The plots that are slated to be sold were previously seized by the government, and compensation had not been awarded to their original owners. Therefore, to compensate the original farmland owners, the lands are being sold again, according to officials.

At present, there are over 3,000 cases with the Yangon Region government’s Committee for Scrutinizing Confiscated Farmlands and Other Lands. Compensation of K6.9 billion was awarded to farmers on 28 September. In the 2019-2020 fiscal year, compensation of K31 billion would be provided to the original farmland owners.

By Nyein Nyein (Translated by Ei Myat Mon)