“Unified cooperation between the Japanese government and private sectors for the economic development of Yangon and Myanmar”
This large-scale complex redevelopment project is taking place in central Yangon City, Myammar. A high-grade office building, a 5-star hotel, and commercial facility are being developed on the site located at the heart of Yangon City, by a Joint Venture with a consortium of Japanese companies comprised of Tokyo Tatemono Asia, Fujita Corporation, and Japan Overseas Infrastructure Investment Corporation for Transport & Urban Development, and Yangon Technical & Trading Co.,Ltd. which is an affiliate of Ayeyar Hinthar Holdings Co.,Ltd, one of Myanmar's leading company groups.
Being relatively close to Shwedagon Pagoda, a symbol of Myanmar, the area is expected to further develop in the future as the center of business, commerce and tourism not only for Yangon,but for all of Myanmar.
Fujita will be in charge of planning and construction for the project and Tokyo Tatemono Asia will undertake operation/management of the office and commercial facilities. The hotel operation will be entrusted to Hotel Okura. As such, the project will be for development of a large-scale complex led by Japanese public and private sectors from development to the operation throughout.