The Ministry of Hotels and Tourism has invited an open tender to privatise hotels in Mrauk U, Rakhine State, and in Pyin Oo Lwin, Mandalay Region, on April 25.
The ministry said the Mruak U Hotel, which has 24 rooms and is built on a 5.54-acre plot, and the Gandama Myaing Hotel, which has five rooms and is built on a 2.96-acre plot in Pyin Oo Lwin, will be privatised.
The ministry will hold a briefing on May 5 to explain the criteria for bidders. Any bidder or representative of a bidder can attend the conference. Bidders can submit applications on May 6.
The purpose of the privatisation is to promote tourism, as private hotels are more likely to boost the economy than government-owned ones. However, it seems some companies are not following rules and regulations, and the ministry has already warned those found guilty of violations.
Source: Eleven Myanmar
