Mayor warns Inya Lake developers of possible land seizures

By SU MYAT MON | FRONTIER

YANGON — Construction of the Mya Kyun Thar parkland project, a 43-acre mixed use development on the Inya Lake foreshore, will not be permitted to continue unless developers take action to rectify breaches of project guidelines, the Yangon Hluttaw has heard.

Yangon Mayor U Maung Maung Soe told the regional parliament yesterday that existing construction works would have to be modified to conform with the development’s agreed plans, with noncompliant projects risking having their land returned to the government.

At issue were at least four projects — including a a shopping mall, amusement arcade, health club and playground — that had built exterior decks that encroached less than 30 feet from the lake’s retaining wall, in violation of project agreements.

The YCDC ordered developers to cease construction work at the Mya Kyun Thar site last October and resubmit their development proposals.

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Daw Sandar Min (NLD, Seikgyikanaungto-1), head of the Yangon assembly’s finance, planning and economic committee, put developers on notice Monday, saying that if projects had been found to overshoot restrictions on their development, “they would be demolished at once”.

Four developers have commenced building works at the site after signing 60-year leases for their land allocations in 2013, including Magic Land, Nay La Pwint, Ryuji and Mandalay Golden Wing.

YCDC officials are also investigating one building constructed by Nay La Pwint on suspicion the company may be circumventing a 60-foot height restriction on the structure.

Four other companies have yet to begin building on their lots, including Max Myanmar, Eden Group, MGS Resort and Entertainment, and Good Shan Brothers, who have been leased a combined 22 acres.

Sandar Min had asked the Yangon mayor to reacquire land at the Mya Kyun Thar site yet to be developed during Monday’s parliamentary session.

“We do not have plan to cancel the agreement hiring the land, but they will have to follow the instruction under the site’s plan,” Maung Maung Soe replied.

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