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Japan-led consortium got permission to build a large-scale mixed-development project near Shwedagon Pagoda in Yangon

| Biz News, Business Development, Myanmar | 08/22/2017

Artist’s impression of the new mega project near Shwedagon Pagoda. Photo - Supplied

New mega-complex project approved near Yangon’s Shwedagon Pagoda

Date: Aug 18, 2017
Source: Myanmar Times By Tin Yadanar Tun

A Japan-led consortium has officially obtained permission to build a large-scale mixed-development project at the intersection of Shwedagon Pagoda Road and U Wisara Road in Yangon.

Development of the US$332.5 million project will begin this year on the former site of the military museum across 16,000 sq m of land. It will comprise a high-grade office building, commercial facilities and a luxury hotel occupying a total floor space of approximately 92,000 sq m.

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