Myanmar real estate news

Needy of foreign Investments in Housing Construction

Myanmar real estate news “Foreign investment were still needed for Housing Construction and Myanmar Business Development,” said construction business people.

“To develop housing construction and Myanmar business, foreign investment is more needed. To develop internal business is impossible without the help of foreign investment,” said U Kyaw Kyaw Hlaing, chairman of Smart Job.

He added that Singapore get the quantity amount of foreign investment is United State Dollars 50 billion and Myanmar’s GDP is United State dollars 64 billion only in the last year.

“As development countries, Basic construction buildings, Transport, import and to produce export are still needy,” said U Aung Min of Construction Business.

Though the government spoke person including nation leaders Daw Aung San Su Gyi said we need to attempt to develop the country like Singapore but without opening foreign investment we cannot effort it.

Moreover, World Bank released the list of nations to do the business, Myanmar is stand in number 170 and it is became difficult to do business including investment in the time of current government, said U Aung Min.