USD1.1bn of construction for Yangon

USD1.1bn of construction for Yangon

A rush to fill the market gap for high-end mixed-use space in Myanmar has seen three international companies announce projects worth over a billion dollars in Yangon.

Two projects with a combined development value of USD700m will be built by Bouygues of France and Taisei Corporation of Japan for Singaporean developer Yoma Strategic Holdings. One, Yoma Central will feature two Grade A office towers, a business hotel, serviced apartments and retail, while the second is to be a luxury hotel. Work is expected to be completed in 2021.

Japanese contractor Kajima will build a USD400m triple-tower project consisting of hotels and offices across three towers, of 27, 21 and 20 storeys in height with total floorage of 170,000 sq m. The development is part of a deal made between Myanmar and Japan in 2015 to develop public land on a public–private partnership basis.

Latest Issue

Construction & Property Magazine title=Issue # 031

Advertisement

Star Coating Solution KCC Paint title=
Polygon R-Pip title=
Multico  title=

Stay Connected

Camcona
Campu Lunpac
Comin Khmer
ETS Cambodia
LCC
SCG
MULTICO
Ocean
Seara Sports Engineering and Creation Asia (Cambodia) Co., Ltd.
TEM
TPC
Wiki
Rinnai
Kansai Paint
Cambodia Business Partner
Camcona Group
KRock
Plus Enterprise
United Mercury Group
Muhibbah Engineering (Cambodia) Co., Ltd
Dynamic Scientific Co., Ltd
CBMS
BMSC Business Machines & Supplies Center
Business Machines & Supplies Center (BMSC)
home.58cam
UPG Cambodia
Fuxin Steel Buildings co. ltd
Phnom Penh Precast Plants co. ltd
Legrand
Sika Cambodia
Group Four
Sokea Garden
ISI PALM co., LTD
Star 5 Condo
Diamond Glass
Schwing Stetter India
YY TYY Taiwan