Yangon Central Railway Station redevelopment to start in 2018

The redevelopment of Yangon Central Railway Station will start next year, said general manager U Htun Aung Thin from Myanma Railways. Myanma Railways aimed to upgrade Yangon railways station to become as an international standard in order to provide more convenience and comfort to passengers. Myanma Railways aimed to construct modern buildings which will include […]

Japanese joint-venture plans Yangon hotel

Hotel Okura Co Ltd said it would develop the luxury Okura Prestige Hotel with Ayeyar Hinthar Holdings Co Ltd in Yangon by 2020, with five more hotels due in the next five years. The company expects to sign a contract with Yangon Technical and Trading Co Ltd, a subsidiary of Ayeyar Hinthar, in August, working […]

New mega-complex project approved near Yangon’s Shwedagon Pagoda

A Japan-led consortium has officially obtained permission to build a large-scale mixed-development project at the intersection of Shwedagon Pagoda Road and U Wisara Road in Yangon. Development of the US$332.5 million project will begin this year on the former site of the military museum across 16,000 sq m of land. It will comprise a high-grade […]

Mitsubishi Consortium to Build Yangon Complex

TOKYO — A Japanese consortium that includes developer Mitsubishi Estate and trading company Mitsubishi Corp. will build a commercial complex in Yangon in partnership with local developers. The project, in a country often referred to as Asia’s last frontier, includes two office buildings, condominiums and a hotel and services unit on a 4-hectare site in […]

Mitsubishi to begin Myanmar project

YANGON – Japanese trading house Mitsubishi Corp said Tuesday that it has agreed with Mitsubishi Estate Co to commence work on a mixed-use landmark development project in downtown Yangon, Myanmar, in collaboration with Singapore-listed Yoma Strategic Holdings Ltd and local firm First Myanmar Investment Co. The project, which will cover 200,000 square metres of residential, […]

Yoma revs up property development drive in Myanmar

YANGON — Singapore-listed Yoma Strategic Holdings is accelerating its real estate development drive in Myanmar to meet growing local demand for residential units, offices and commercial facilities. Yoma’s move comes as Myanmar has emerged from decades of international isolation and now enjoys high economic growth, making the Southeast Asian country an increasingly promising property market. Yoma […]

Yangon Railway Station Complex Project to launch in May 2017

Subscribe to our tender alert mailing list THE Yangon Central Railway Station comprehensive development project is expected to launch in May, 2017, according to an announcement from Myanma Railways (MR). MR will finalise the selection of winners for the project in May, said U Tun Aung Thin, General Manager of Myanma Railways (Lower Myanmar). Fifteen […]

15 companies short-listed for Yangon Central Railway Station development tender announced

Subscribe to our tender alert mailing list Myanma Railways has shortlisted 15 firms and joint ventures, including a number of well-known local companies, that responded to an EOI to redevelop Yangon Central Railway Station and the surrounding area in downtown Yangon. This is the railway ministry’s second attempt to tender the project, after an initial […]

Overwhelming interest for Yangon Railway Station plot

Yangon – More than 70 local and foreign companies have submitted their expression of interests to develop the land plot surrounding the Yangon Central Railway Station, according to Myanmar Railways. An anonymous source from the tender scrutinising committee said that their bids would be shortlist and the result would be announced in the second week […]

Take two for Yangon Central tender

Subscribe to our tender alert mailing list Myanma Railways has invited companies to submit expressions of interest (EOI) to redevelop Yangon Central Railway Station and the surrounding area, after an initial tender was cancelled earlier this year, reportedly due to a lack of suitable applications. “We have invited companies to submit an EOI. After they […]