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Myanmar to launch low-cost housing for squatters in Yangon

YANGON
2019-06-04 10:03

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YANGON, June 4 (Xinhua) -- Myanmar's Yangon regional government is planning to introduce low-cost housing for squatters in the region, giving priority to those who are in urgent need of accommodation.

Yangon Region Chief Minister U Phyo Min Thein disclosed the plan at a ceremony in Yangon Monday to shed light on the Yangon project bank and future plan for the region, saying that the regional government will work with civil society organizations to build the low-cost houses for squatters in the next six months on land granted by the Ministry of Construction and the Yangon City Development Committee.

"The price of the land would be factored into the cost of the homes when they are sold to squatters under an instalment plan," he said.

The population of squatters in Yangon is growing with people from rural areas leaving their homes and shifting to Yangon to get jobs which are being generated with increasing investment in the region.

He called for efforts to improve the condition of women in terms of safety and security through the housing project.
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