A massive ‘public-private partnership’ project is proceeding

A massive ‘public-private partnership’ project that will eventually cover around 15% of the Yangon region is proceeding. “According to the Yangon regional government, the public-private partnership project on an 80-square kilometer plot of land on the west bank of the Yangon River includes a power plant, an industrial park and residential areas. (…) Serge Pun, a business tycoon who heads local conglomerate Serge Pun & Associates, has been named the firm's CEO and is supported by four other board members, including former Singaporean foreign minister George Yeo.”