Myanmar: Undeveloped Land in Industrial Zones Could Be Confiscated: Myanmar Authorities

Sep 25, 2019 | Xinhua
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Myanmar authorities have warned that undeveloped land plots in industrial zones in Yangon region could be confiscated, saying that unless concrete reasons are provided, the industrial business would be revoked. According to the Yangon City Development Committee Wednesday, there are 29 industrial zones in Yangon region and about 60 percent of the plots are being utilized, while the rest remain undeveloped with only warehouses and fencing built.