BUSINESS – Ten new markets to be built in Rangoon

Ten new sites have been marked as marketplaces by Rangoon municipality: in North Dagon, Dagon Seik-kan, Tharkayta, Daw Pon, Thingangyun, Hlaing Tharyar, Shwe Pyi Thar and Insein townships. The markets are to be built in the 2014-15 fiscal year with a budget of 1.3 billion kyat (US$1.3 million). There are currently 80 ordinary markets and 11 tax-free markets in Rangoon city area.