Hong Kong Amata Company invests over $270 mln in smart and eco city business

HONG KONG listed Amata Company brings in over US$270 million in the development and operation of Smart and Eco City and related business, said U Thant Sin Lwin, Director-General of the Directorate of Investment and Company Administration. Yangon Amata Smart and Eco City Ltd will develop and operate smart and eco city business-eson 2,000 acres […]

US$1 billion smart city project kicks off with agreement

The government through the Ministry of Construction and Bangkok-based Amata Corp pcl signed a framework agreement on August 22 to jointly develop the Smart and Eco City located in East Dagon township, northeast of downtown Yangon. Although termed an industrial zone project, the US$1 billion Smart and Eco City’s first phase of 2,000 acres comprises […]