Singapore firm plans US$1.2-bln Myanmar casino resort

Singapore firm Zochwell Group Pte Ltd is close to signing a contract to develop a US$1.2-billion project, including a casino, in Myanmar’s Mergui Archipelago, reports local newspaper Myanmar Times. But a local official quoted by the same media outlet claimed to have no knowledge of the project. The land on Salon Island has already been […]

‘Phuket of Myanmar’ seeks MIC approval

The US$1.2 billion LuxDream Island project is branded “the next Phuket” and will feature a high-end marina, luxury hotels, a theme park and a casino. The plan may seem incongruous with the serenity of Myanmar’s Myeik Archipelago. But the island dream looks set to become reality, as Singaporean Zochwell Group prepares to sign a Build, […]