Soilbuild Construction’s Myanmar unit awarded US$10.5m contract

SOILBUILD Construction (Myanmar) Company Limited, a subsidiary of Soilbuild Construction Group, was awarded a contract worth US$10.5 million for the construction of a 12-storey hotel building in Yangon. Located at the corner of Sayar San Road and Pyi Htaung Su Yeik Tha Street, Bahan Township, Yangon, the project is expected to commence in the third […]

Soilbuild Construction secures US$9.4m contract in Myanmar

SOILBUILD Construction Group announced on Tuesday that it has attained a design and build contract worth about US$9.4 million to carry out addition and alteration works at St John Shopping Center in Yangon, Myanmar. The project was awarded by a joint venture between two companies in Myanmar which have activities in retail and real estate […]

Singapore-based construction firm to invest in high-rise building project

Singapore-based Soilbuild Construction Group will offer management and consultancy services in the construction of a 24-storey high-rise building project in Myanmar, according to a spokesperson for the firm. In July this year, the firm signed an agreement to invest in Myanmar’s construction industry. The contract is worth approximately S$ 1.1-1.4 million. The inspections committee for […]

Yangon More Expensive Than Manhattan Sparking Boom: Real Estate

Sean Danley has spent the past six months scouting office space in Yangon after being sent to establish the Myanmar branch of his U.S.-based employer. He looked in the city’s three sole 1990s-era towers, where annual rents have climbed to more than $100 a square foot, compared with less than $75 in downtown Manhattan, according […]