Construction of new Mingala Market completes 66%

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A miniature version of the new Mingala Market.

A total of 66 per cent of the construction of the new Mingala Market has been completed so far, according to the Yangon City Development Committee.
The construction of a new market, a high-end wholesale market in Yangon, is ongoing at a cost of K68 billion, officials said.
Within the project area where the new market will be built, a 15-storey building will be built, including the second floor of the new upgrading Mingala Market.
On the ground floor of the new market, banks, restaurants and a supermarket will also be built, and the six to 13-storey high-rise, including two basement floors, will include parking lots that will be able to park more than 700 vehicles.
The ninth and tenth floors will accommodate shops and warehouses, while the 11th to 13th floors will have offices.
The construction company which is running the project will build five to eight floors with more than 1,000 shops.
The Yangon City Development Committee will manage and relocate shop spaces for the vendors who are renting and selling shops from the ground floor to the upper four floors due to the fire of the previous Mingala Market.
Efforts are made to an added momentum in order to complete construction works in the project area quickly, so the construction has been completed at 66 per cent.
Construction of the new Mingala Market began in September 2019 and is scheduled to be completed in April 2023. — TWA/GNLM

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