Nowadays sand pagoda festival is no longer held country-wide. Only a few towns and village along the rivers hold it annually as their local event. In its place Tabaung festival is held annually at the Shwe- dagon Pagoda, Yangon, on the full-moon day of Tabaung. On the full moon day of Tabaung in 103 Buddhist Era, the Shwedagon Pagoda was built by King Okkalapa to comme-morate its founding date of the pagoda. Tabaung festival is held annually drawing a large crowd of worshippers.