Six Buildings and Lands to be Auctioned in Arakan
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Sittwe: Burmese military authorities will auction six public buildings and land plots in four cities of Arakan State, reports an official source.
The buildings and land plots to be sold are in Sittwe, Kyauk Pru, Thandwe, and Gwa, and the auction will be held in Naypyidaw, the new capital of Burma. The auction will be closed on 26 February 2010.
In Sittwe, the capital of Arakan State, the buildings and land to be auctioned are the Myoma Cinema Hall and its accompanying 0.15 acre plot in downtown, and three warehouses located on 0.69 acres on the banks of Satrokya Creek.
The Burmese military authority will sell an ice factory and 5.85 acres of land in Gwa, in southern Arakan State.
Another ice factory that comes with a jetty and 21.7 acres of land in Thabru Shyin in Thandwe will also be sold at the auction, as will some silos and land plots in Thandwe and Kyauk Pru.
In the past, many nationalized buildings and land plots in Arakan State have been sold by authorities in Naypyidaw at auction and have been purchased by Burman businessmen with the support of high army officials.
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