Westin to open its first hotel in Myanmar
Global hospitality giant Mariott International will open the first of its Westin Hotels & Resorts located in Yangon in late 2021, the company announced. The 26-story tower will be located within a USD 400 million development project controlled by
YCDC claims hundreds of Yangon apartments
The Yangon City Development Committee (YCDC) has taken over nearly 500 disputed Yangon apartments this year and will raise rent by 10 percent, according to Yangon mayor U Maung Maung Soe. Disputed ownership claims, often caused by the deaths of landl
Thai developer to build USD 270 million industrial site
Thai developer Amata Group will partner with the Ministry of Construction on a USD 270 million industrial center outside of Yangon. The Myanmar Investment Commission approved the “Yangon Amata Smart Eco City” on October 21st. The site wi
Housing project planned by Malaysian developer
Malaysian developer Berjaya Land will invest USD 624 million into a low-to-middle income housing project in Yangon. According to company chief executive Datuk Pee Kang Seng, speaking to reporters at the Malaysia-Myanmar Connect (MMC) seminar in late
