Subscribe to our tender alert mailing list The new rules will govern tender practices for this financial year, said U Saw Hla Tun, a member of the committee. Existing rules relating to contracts awarded by ministries have not been widely followed, he said, resulting in a lack of transparency in government-led projects. In 2013 the […]
Ministries to hold power over BOT condominium sales
February 12, 2016 by
Foreign investors will be able to buy condominium units in build-operate-transfer (BOT) projects on ministry-owned land if the ministry is willing to register the project, officials said yesterday. The Condominium Law passed last month opens the real estate market to foreign buyers for the first time, but makes no mention of BOT developments. This has […]
