Mainboard-listed Yoma Strategic Holdings on Monday announced the opening of a potable water plant at Pun Hlaing Golf Estate, its development in Myanmar, which the company says is the first in the country to have its own water-treatment plant.
Designed and supplied by Singapore-listed water solutions provider Hyflux, the plant is to deliver high-quality drinking water straight to the taps of residents in the estate, using Hyflux’s proprietary Kristal ultrafiltration and reverse-osmosis technologies for brackish water.
The plant has a treatment capacity of 1,000 cu m a day, and is expandable to 2,500 cu m a day, providing a constant supply of potable water.
Cyrus Pun, Yoma’s executive director and head of real estate, said: “Yoma has always been committed to offering an international standard of living at the Pun Hlaing Golf Estate, and making it the best preferred place to live in Myanmar.
“Providing access to clean and safe drinking water is essential to this and we’re pleased that we can offer our residents such a high standard of drinking water, giving them peace of mind.”
Yoma recently opened sales of its Lotus Garden Place Villas, a cluster of 30 semi-detached residences with terraces and gardens. One of three Lotus-branded developments within the Pun Hlaing Golf Estate, it is slated to be completed in two stages this year.
This month, Yoma announced that fried-chicken chain KFC is to become the first major American fast food retailer in Myanmar. As KFC’s franchise holder in Myanmar, Yoma said it would open the first KFC restaurant in downtown Yangon; several more outlets in the country’s commercial hub are slated to open by the end of 2015.
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Source: Asia One