"FC/TTC/JOIN/YTT – Yangon Commercial Complex – Myanmar - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
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Fujita Corporation (FC), Tokyo Tatemono Co., Ltd (TTC) along with Japan Overseas Infrastructure Investment Corporation for Transport & Urban Development (JOIN) and Yangon Technical & Trading Co., Ltd (YTT), a subsidiary of Ayeyar Hinthar Holdings Co., Ltd (AHH), are planning to develop a large scale commercial complex in Yangon, Myanmar.
The project involves construction of 92,000m2 nine-story commercial complex on 1.6ha of land. It includes the construction of an office space, retail space, 390-room hotel named: "Okura Prestige Yangon", administration area, lounge, bar & restaurant, parking facilities, installation of electrical systems, elevators, safety and security systems.
The project received investment permission based on the Myanmar New Investment Act.
FC will undertake the design and construction works. Tokyo Tatemono Asia, subsidiary of TTC has been appointed as the management contractor for the Office/commercial facilities.
FC and TTC is expected to sign the hotel management contract with Hotel Okura Co., Ltd by the end of August 2017. The project is slated to be completed in 2020.
The project involves construction of a 92,000m2 nine-story commercial complex on 1.6ha of land in Yangon, Myanmar.
The US$332 million project includes the following:
1. Construction of office spaces
2. Construction of retail spaces
3. Construction of 390 room hotel
4. Construction of an administration space
5. Construction of a lounge
6. Construction of bar & restaurant
7. Construction of parking facility
8. Installation of electrical systems
9. Installation of elevators
10. Installation of safety and security systemReasons To Buy