The Asian Development Bank (ADB) will provide Myanmar with US$400,000 in aid to conduct a study on historic buildings in Yangon, according to the urban planning department at the Yangon City Development Committee (YCDC).
"This is a preliminary study. We will be provided with about $400,000. The study will take less than a year. Then projects will follow," said urban planning department director Toe Aung.
The study will focus on both government and private buildings.
During a meeting on historic edifices and sustainable development in Yangon at Strand Hotel from January 15 to 17, experts pointed out challenges posed to Yangon's historic buildings by urban development plans.
Some buildings that were over 100 years old were destroyed, and others sustained structural damage due to the projects, according to the attendees.
YCDC recognises 189 historic edifices, including religious buildings, in Yangon. Some are being used as government offices, while some will be converted into hotels.