Tenders will be invited to upgrade 21 bazaars in Yangon municipal area through a Public Private Partnership (PPP).
This plan was disclosed at the Yangon City Development Committee (YCDC) weekly press briefing held for the second time at Yangon Town Hall on July 14 in Yangon.
YCDC Joint Secretary U Than said, “We are upgrading these bazaars with two objectives, the first one is to advance these bazaars and the second is to enable customers to buy the items they want easily at the markets by dividing them into stalls with each category of merchandise. Fish and meat stalls will be on the ground floor. We will upgrade these bazaars to get rid of roadside vendors and to make these bazaars more systematic. We will implement this plan via a PPP system without the government’s budget. And we will have an operator system to run these bazaars for better management.”
There are 176 bazaars in YCDC area. Yangon Region government minister of Planning and Finance Myint Thaung said at region legislative assembly session convened on April 26, 2017 that they had a plan to upgrade bazaars in Yangon and gave priority to 21 bazaars.
According to sources from YCDC, bazaars were upgraded in the past but both sellers and buyers did not use them so that they have to change the structure and formation.