Project Phase 2 of Sedona Hotel to be finished by 2016

The Project Phase 2 of Sedona Hotel (Yangon) which is a 29-storied hotel is slated to finish in 2016, according to Singapore-based Keppel Corporation.

The project is being implemented in the compound of Sedona Hotel located on the corner of Kabaraye Phaya Road and Setmu 1 Road, Yankin Township under the Foreign Investment Law.

The Straits Greenfield Ltd, which applied to build theworld-class hotel, was granted permission on April 5 last year by the Myanmar Investment Commission (MIC).

Foreign investment in tourism sector hit US$2 billion with 1,076 hotels nationwide in which 31 are owned by foreign firms. Most hotels are situated in tourist destinations like Yangon, Mandalay, Bagan, Kawthoung, Techilek and Myeik, according to Ministry of Hotel and Tourism.

Similar projects for hotels and serviced apartments are being realised across the country with the approval of MIC.


NB: The best way to find information on this website is to key in your search terms into the Search Box in the top right corner of this web page. E.g. of search terms would be “property research report”, ”condominium law”, "Dagon City", “MOGE”, “yangon stock exchange”,"MECTEL", "hydropower", etc.

To learn about the business opportunities in Myanmar click here

To evaluate the various segments of the market that you could possibly enter base on your competencies you can do a Custom Market Entry Strategy Research. You can see a sample report at page "Actual Sample of Client Report”. Click here to go to page.

Do you know that IE Singapore is giving up to SGD 20,000 support for Singapore company to venture into Myanmar? To learn more click here

If you are interested to be listed in our Service Provider Directory as a supplier of services or products that we can use to match with the needs of our clients in Myanmar please fill up the online form by clicking here