Local Property News | Posted by Aye Myat Thu
Deputy Minister of Construction U Kyaw Lin said that residents of the multi-owned building, known as the Contractor, would be responsible for all residents living there and all residents would pay an equal cost of maintenance .
BCID Committees will be set up as soon as possible to repair the buildings. BCID Committees will release instructions and guidelines to carry out. The Ministry of Construction is drafting BCID Law and Estate Management Law.
When the laws are enacted, they will cover the entire construction sector of the country-wide coverage. It will be able to develop standard buildings in the private and the State-owned sectors.
Written by iMyanmarHouse.com Team
Credit: iMyanmarHouse.com