According to a statement issued by the Yangon Municipal Development Committee’s Urban Land Management Department on January 30th, the Yangon Petro gas station sites on municipal land, which were granted permission during the National League for Democracy Government, have been canceled in accordance with the procedure.
Eastern part of New Dagon City The municipality canceled the 60-year land lease contracts in South and Dala townships. In addition, it is stated that two plots of land in Mayangon and Thingangyun townships have been withdrawn.
During the NLD government, in 2018, the company proposed to the Yangon regional government, which was in charge at the time, to open 26 stores under the name of YP. The proposed land belongs to the Yangon City Municipal Development Committee. The land is under the management of the Myanmar Railways and the Department of Urban and Housing Development.
