“With the assistance of Japan, concerted efforts are being made to develop Yangon public rail transportation system,” said U Thant Sin Maung, Union Minister for Transport and Communications.
U Win Khant, Permanent Secretary of the Ministry of Transport and Communications confirms efforts to start construction on the Hantharwaddy International Airport in Bago.
JV's on the rise as Japanese Insurers move into Myanmar
"As an industry practice, the majority of these companies are expected to occupy a whole office building dedicated for staffing, and are usually located in central business districts or dedicated finance hubs," says Colliers.
Muse-Mandalay Railway to boost border trade with China
The Bangladesh-China-India-Myanmar Economic Corridor (BCIM) has been dropped from the Belt and Road Initiative setting the scene for the China-Myanmar railway to become a major thoroughafare.
256 affordable housing units to be sold in Mon State with more low cost housing required
"Developers should implement more modern but low-cost housing projects targeted towards low as well as middle-income families to meet the increasing housing demand," according to Colliers
More policy measures needed to achieve projected economic recovery
The IMF said “risks are tilted to the downside” however it expects economic growth of 6.4% in the fiscal year 2018-19 (October 2018 to September 2019) if government spending picks up.
Entire floor at The Kantharyar Centre leased to the International Cinema operator JCGV
Fred Hassim and Yin Myat Thwe from Slade Property Services brokered the lease of an entire floor at The Kantharyar Centre from Asia Myanmar Shining Star (AMSS) to International Cinema operator JCGV.
Sales events needed to draw attention to Myanmar condos, says Colliers
Developers must make sure they harness Myanmar's investment potential in the wake of condominium licenses being issued, according to Colliers International.