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Yangon 2015 - Part Three

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Continued from previous article... It has been three years since Myanmar liberated its economy, today there are a slew condominiums, pre-school centres and swanky eateries and bars that have been set up. Myanmar has nearly 60 million in population and in Yangon, officially 5 million and there is a , growing middle class that may double by 2020. They will have a large young, upwardly mobile and vibrant population of not already.  Myanmar is well located - at the crossroads of China, India and South East Asia. Can you imagine her access to a humongous combined population? I was told there weren't so many cars in the past but today you will often get stuck in traffic jams. Looking at its infrastructure, there are almost too many things that needed building. The buoyant construction sector, valued at US3 billion is expected to grow 46% to USD4.2 billion within next year.  Abundant opportunities come with potential pitfalls too. I learnt that you have to pay in ad...

Yangon 2015 - Part One

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Yangon, Myanmar was once Rangoon, Burma. Rangoon literally means "end of strife". It is the capital of the country and used to have a population of 5 million but I was told they seemed to now have 7 million. Yangon was first founded as Dagon circa 1028-1043. Today, they say Myanmar is the last frontier in South East Asia. Here I am, in the capital of the last frontier. They were once known as the garden city of the east. At one time, their public services and  infrastructure were reported to be on par with London. I got a sense of new development as I saw some extension to the airport and a temporary car park. Welcome to Yangon, the sign says. It was busy as the roads were congested. Signs of progress. There were derelict buildings but... It has the largest number of colonial buildings in the region. Passed by a hotel that has a name that perhaps says it all. I saw a church. And more colonial buildings.   Finally a lo...