End of a way of life: Burmese islands that are home to 2,000 sea gipsies set to be turned into ‘new Phuket’ with 30 hotels and a casino

Mergui Archipelago in Burma is home to 800 untouched islands but officials says this could soon change 30 hotels and resorts have been given the green lights and officials say these could attract eco-tourists and divers Only 2,612 tourists visited the islands last year, but this is set to soar if plans are given the go-ahead. The area is currently home to 2,000 sea gipsies or Mokens who hunt and dive for fish in the area The untouched islands of Mergui Archipelago in Burma are set to become … [Read more...]

Myanmar to open southern islands

YANGON, 13 May 2015: Myanmar’s Ministry of Hotels and Tourism says 26 local companies and joint ventures are awaiting government approval for new hotel projects in the country’s Mergui Archipelago. Some have already gained the greenlight to move forward to the design stage or construction. Irrawaddy media reported Myanmar Investment Commission is currently vetting 20 local firms and six joint ventures that are planning to build resorts on the archipelago’s largely unspoiled … [Read more...]

Investors Lining Up for Mergui Archipelago Hotel Permits

RANGOON — Nearly 30 local companies and joint ventures are awaiting government approval for hotel projects in Burma’s Mergui Archipelago or have already been given the greenlight to start implementing plans, according to Aung Zaw Win, director general of the Ministry of Hotels and Tourism. The Myanmar Investment Commission is currently vetting 20 local firms and six joint ventures seeking to break ground on hotel and resort projects across 26 of the archipelago’s largely unspoiled islands. … [Read more...]

Foreign hotels to be completed by mid-year

Foreign hotel projects currently under construction will be inaugurated by mid year according to the Ministry of Hotels and Tourism. Most of the projects, including international hotel chains, are located in Yangon, according to Director General Aung Zaw Win. “Novotel Hotel will be opened in the mid year. Others such as Center Point and Shangrila will soon follow too,” Aung Zaw Win said. New hotels will provide up to 2000 new rooms which will be available to cater for growing numbers of … [Read more...]

Investors want a stake in Yangon boom

YANGON, 24 January 2014: Ministry of Hotels and Tourism says international investors are eyeing opportunities in Myanmar tourism especially in the hotel business. Ministry of Hotels and Tourism director general, Aung Zaw Win, told local media that many European and Asian investors have now registered their interest in the hotel industry. “Thailand which is already a very big investor in Myanmar tops the list followed by hotel and tourism investors from Singapore and Japan.” Business … [Read more...]

Tourism investment on the rise

Ministry of Hotels and Tourism has granted permission to build at least 923 hotels in late 2013 and international community is eyeing to invest in Myanmar tourism industry according to the Ministry. Among those interested in are majority from Asian countries. Some European countries have also expressed interested in the business. Many are making contact with the Ministry for investment sector. “Thailand who already invested in Myanmar also tops the list as well as Singapore and Japan,” … [Read more...]

Foreign investment increases in hotel industry

Companies from EU, Thailand and Singapore are planning to make investment in Myanmar hotel industry, according to Director General Aung Zaw Win from Ministry of Hotel and Tourism. The negotiations are already discussed but the plans have been delayed because they are studying the current situations. “There are discussions about the investment in hotel industry one times in two day. They are mostly from some European countries, Thailand and Singapore. But they are analysing the situation,” … [Read more...]

Myanmar plans to invite foreign investments in Thandwe Hotel Zone Project

Consult-Myanmar welcome you to the 27th SEA Games Myanmar, 11-22 Dec 2013 Myanmar government is planning to invite foreign investments to invest in the Thandwe Hotel Zone Project in Rakhine State so as to make it a perfect tourism destination in the western part of Myanmar, said Aung Zaw Win, Director General at the Ministry of Hotels and Tourism. The director general said this is in accordance with President Thein Sein’s guidelines and the government has budgeted a total of Ks5 billion … [Read more...]