A NEW mixed-use development is coming to Ngwe Saung’s shores by end-2017, where it will raise luxury standards, room inventory and tourism infrastructure.
Developed by Karaweik Coast, a joint venture company by Hong Kong-based H&CO Real Estate Holdings and Myanmar’s Mya Bay Development Company, the project will come with 512ha of hotel space along 8km of beach in its first site.
The second phase will include 1,214ha south of Mya Bay for a mini city, jetty, golf course, hotels, restaurants, a private hospital and a playground.
Ngwe Saung, sitting on the Bay of Bengal, is a four-hour drive from Yangon and Myanmar’s second most popular beach destination after Ngapali Beach in Arakan state.
Ministry of Hotels and Tourism data showed that Ngwe Saung had 23 hotels with a total of 1,264 rooms as of end-2014.
Source: TTG Asia