Myanma Railways seeks consultants to supervise Yoma Central

STATE-OWNED Myanma Railways plans to hire consultants to monitor the US$700 million Yoma Central project and ensure it is finished on time and according to the terms of the contract. Yoma Strategic Holdings, a Singapore-listed company controlled by Mr Serge Pun, leads the consortium behind the project, which it describes as “one of the most […]

Yoma Throws Weight Behind Office Space Demand and Urban Development

A great many metropolises in Asia are defined by their skyscrapers — one only has to think of the Petronas Towers in Kuala Lumpur and Lord Norman Foster’s HSBC headquarters in Hong Kong. But while high-rise building lace the skylines of major Asian cities like Singapore, Jakarta and Bangkok, Yangon stands as an exception. Last month, […]

Bouygues, Kajima, Taisei win $1.1bn of Work in Myanmar

While international attention is focussed on the plight of more than 800,000 Rohingya Muslims forced from their homes in Myanmar’s Northern Rakhine state and sheltering in refugee camps in Bangladesh, the increase in foreign investment into Myanmar continues, leading to a rush to build modern office complexes in Yangon, the country’s commercial capital. Today it […]

Bouygues’ second big win in Myanmar

Property group Thanlyin Estate Development has awarded the US$ 125 million contract for a new phase of the Star City residential complex in Yangon, Myanmar to a consortium comprising Bouygues subsidiary Dragages Singapore and SPA Project Management. The project comprises design and construction of six residential buildings comprising a total of 956 apartments. Four of […]