Construction group calls for Condo Law changes

Weakesses in the new Condominium Law draft should be addressed before the law is passed, according to the Myanmar Construction Entrepreneurs Association (MCEA). The draft law was first introduced to the Pyithu Hluttaw in November 2012. It was expected to be passed in 2013 but has repeatedly been sent back to the drawing board, as […]

A Developer’s Dream: Housing for All

Yangon is a city abuzz with economic activity, as the world rediscovers one of the region’s most promising frontier markets after decades of isolation. With this, however, comes a growing housing crisis, as the city seeks to accommodate its rapidly expanding labor force. Government plans to build 30,000 new low-cost public housing units next year […]

Locally-owned four-star hotel to be built in Yangon

A local company will soon build and operate a 500-room four-star hotel in Yangon, the commercial hub of Myanmar, according to the Myanmar Investment Commission (MIC). Taw Win Family Construction was allowed to build the hotel on Pyay Road upon MIC’s approval. Local businessmen have been continuously investing in the hospitality industry since early this […]