The plans involve the construction of high-rise buildings containing hotels, shopping malls, entertainment venues and a fitness center and art gallery, MR's regional deputy general manager, senior engineer U Maung Maung Than, told Mizzima on February 26.
The existing railway station would remain intact and the redevelopment would be on land occupied by old staff accommodation buildings and warehouses, parcel sheds and shunting yards.
U Maung Maung Than said Myanmar and international companies would be invited to bid for the project, but no starting date had been fixed as the proposal was still being discussed.
After the project was completed other railway stations in Yangon would be redeveloped, he said.
Yangon Railway Station was built in 1877 during the British colonial period. It was damaged during World War II and was re-designed and rebuilt by Myanmar architects and engineers in 1947 at a cost then of K4.75 million.
Source: http://www.news.myanmaronlinecentre.com/2014/02/27/major-redevelopment-planned-for-yangon-railway-station-compound/
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