Yangon is a former capital of Burma (Myanmar) and the capital of Yangon Region. Although the military government has officially relocated the capital to Naypyidaw since March 2006, Yangon, with a population of over four million, continues to be the country’s largest city and the most important commercial centre.
Yangon’s infrastructure is undeveloped compared to those of other major cities in Southeast Asia. Yangon has the largest number of colonial buildings in Southeast Asia today. While many high-rise residential and commercial buildings have been constructed or renovated throughout downtown and Greater Yangon in the past two decades, most satellite towns that ring the city continue to be deeply impoverished.
Yangon’s property market is the most expensive in the country and beyond the reach of most Yangonites. Most rent outside downtown and few can afford to rent downtown area apartments.Yangon’s museums are the domain of tourists and rarely visited by the locals.Yangon is the country’s main center for trade, industry, real estate, media, entertainment and tourism. The city alone represents about one fifth of the national economy.

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