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Overview

Embassy of China in Myanmar renovates the Thapyaygone Market in Nay Pyi Taw

Commitments (Constant USD, 2023)$782,240
Commitment Year•2017Country of Activity•MyanmarSector•Other Social Infrastructure And ServicesFlow Type•Grant

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date
Jan 1, 2017
End (actual)
May 27, 2017

Geospatial footprint

Map overview

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The purpose of this project was to renovate the Thapyaygone Market in Nay Pyi Taw, Myanmar. More detailed locational information can be found at: https://www.openstreetmap.org/node/4247084089

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Funding agencies

Government Agencies

  • Chinese Embassy

Implementing agencies

Private Sector

  • Art Wave Group Co., Ltd (Myanmar)

Loan description

Embassy of China in Myanmar renovates the Thapyaygone Market in Nay Pyi Taw

Narrative

Full Description

Project narrative

Based on the news release from the Embassy of China in Myanmar, on May 27, 2017, the opening ceremony of the Thapyaygone Market in Naypyidaw took place. The Embassy funded the renovation, and the Art Wave Group is the contractor. The project is referred to as 内比都德比宫农贸市场 in Chinese. According to Xinhua Net, the project costs the Embassy about Kyat 1 billion. The transformed Thapyaygone Market occupies an area of 12,000 square meters, of which the newly built area is more than 8,000 square meters. There are 480 stalls now, benefiting more than 300,000 residents around the market.