Singapore to invest $316m in housing

The Myanmar Investment Commission (MIC) has allowed two Singapore companies to invest over US$316 million in two Yangon housing projects, according to the Directorate of Investment and Companies Administration (DICA). “A Singapore company will invest US$35 million in a housing project and another firm will invest US$280 million in a separate project,” said an official […]

Ho Hup to develop US$200mil project in Myanmar

KUALA LUMPUR (Sept 8): Ho Hup Construction Co Bhd will develop a highend residential property project with a gross development value of US$200 million in central Yangon, Myanmar – its maiden project there. In a statement, Ho Hup said its 70% subsidiary Ho Hup (Myanmar) E& C Co Ltd today signed a joint venture (JV) […]