Bayinnaung Market
shopping mall in Yangon Division, Myanmar
Bayinnaung Market (Burmese: ဘုရင့်နောင်ဈေး; also Bayintnaung Market), located in northwestern Yangon, is the largest agricultural commodities trading market in Myanmar. The market complex measures 17.880 acres, consisting of 2,549 two-story shop houses with floor areas of 1,200 and 2,400 square feet (110 and 220 m2). It is the only legally permitted wholesale center of beans and pulses in the country, which exported 1.34 million tonnes of beans and pulses in 2007 for a total value of US$750 million. It has also developed into a vital commercial area for the trade of automotive and mechanical goods in Yangon.
History
The site where Bayinnaung Market currently stands was formerly a military base. In the late 1980s, under the leadership of the commander of Military Unit No. 22 and city authorities, the land was repurposed for market use. Construction began shortly thereafter, and the market officially opened on 7 November 1989.
Commodities
Matpe is the most common bean and pulse export at the market. In August 2009, about 4,000 tonnes of matpe, green mung, pigeon peas and chickpeas were traded daily.
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This entry incorporates text from “Bayinnaung Market” on English Wikipedia. Contributors are listed in the page history. Text is available under the Creative Commons Attribution-ShareAlike 4.0 License. Selected authority identifiers and statements are retrieved from Wikidata under CC0; their references and qualifiers remain part of the verification path.