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The project near to Shwe dagon pagoda will begin soon

Myanmar real estate news High grade hotel and office construction project will begin soon near to Shwe Dagon Pagoda in the former History of War Museum named as Y Complex Project. The presentation of the project environmental impact assessment meeting was held on April 8.

The Company has been formed by Fujita Corporation from Japan side, Tokyo Tatemono Company, Japan government and private business cooperated established JOIN named Japan Overseas Infrastructure Investment Corporation for Transport and Urban Development and YTTC named as Yangon Technical and trading Company from Myanmar side. YTTC Company is under Ayarhintar Company’s subsidiary company.

“The project is located in Panhtara Street which is crossing to Shwe Dagon pagoda road and U Wizara road. It is a former war cemetery museum. The project which would be implement in the place of Defense ministry Department and its expense will be $332 and hoping to complete in 2020,” said the company.

“As company, tender was succeeded and previledge to work with BOC system for that the project building in 2013. And already got the permission from investment Commission and Yangon region government,” said the company official.