Yoma to Distribute JCB Construction and Heavy Equipment in Myanmar

Singapore-based Yoma Strategic Holdings Ltd’s full subsidiary, Convenience Prosperity Company Limited, has been appointed by J C Bamford Excavators Limited (JCB) as the exclusive distributor for the Myanmar market. Founded in 1945, UK-based JCB is the world’s third largest manufacturer of construction equipment by volume with 22 manufacturing plants worldwide. JCB sells its products in […]

Myanmar’s construction industry worth US$13.5bn by 2020

A report by Timetric Construction Intelligence Center (CIC) has found that that over the next five years Myanmar’s construction industry is to grow at a rate of 10.37% over five years. In 2015 the industry’s value was worth Ks9 trillion (US$8.2bn) and is expected to climb to Ks15 trillion (US$13.5bn) in 2020, according to the […]