Caution urged for Yangon BOT property sales

The sale of units in built-operate-transfer (BOT) housing developments has slowed almost to a standstill, as buyers grow increasingly wary of the risks, according to commentators. In 2011, ministries began to tender land, with a view to developing the plots through public-private-partnerships. These were known as BOT contracts. Typically, the tender winner agrees to rent […]