2nd Myanmar Real Estate Summit (MRES) 2013
30 Sep-01 Oct, 2013 - Yangon
PARKROYAL Yangon
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Premium Sponsor2nd Myanmar Real Estate Summit (MRES) is proud to welcome HTOO Group as Premium Sponsor.

 

HTOO Group of Companies is made up of varied entities engage in aviation, banking, hotel chains & resorts, mining, logistics, heavy machinery, real estate, construction, agriculture, trading, broadcasting, retail petroleum, cement factory, pre-cast & pre-stressed factory, non-profit unit (HTOO foundation) & sports club ( Yangon United)


HTOO group is committed to sustainable growth and diversifying units while contributing to social economic and environmental obligations to Myanmar & the community.


The Chairman of Htoo Group of Companies will give the Welcome Address at this summit.

 

Tap Rising Opportunities in Myanmar’s Extensive Real Estate Projects

 

“The former FMI Center, a downtown Yangonlandmark, will debut its new face this week as the first internationally-invested shoppingcentre in Myanmar”

- May 2013, Myanmar Times

 

“Myanmar government has allocated land for foreign investors to build 100 hotels and local investors to build 192 hotels at the new Tada-U hotel zone near Mandalay.” 

-Jan 2013, The Nation

 

Burgeoning demand, revised regulations and new opportunities are driving Myanmar’s property sector – from refurbished office spaces to serviced apartments to retail outlets. As the country opens up, investments are flowing in to meet the acute shortage of hotels, residential buildings and mixed-use projects. Cities like Yangon and Mandalay are moving ahead recreating themselves as economic and tourism hubs. Old heritage buildings are conserved and retrofitted to commercial entities. Special economic zones like Thilawa&Dawei are bringing in an influx of international investors and sprucing urban and township development. The new tiger economy is attracting big hoteliers like Hilton, Best Western and Keppel to build new hotels to meet tourism demand.

 

As Myanmar’s real estate and property development gleams with golden opportunities, have you identified your niche in the market? Are you able to gain access to the extensive land banks? Are you seeking and cementing JV partnerships to develop property in Myanmar? How soon before foreigners be allowed to purchase and own condominium units?

 

Manage your limitations and challenges ahead with the extensive networking sessions offered with key movers and shakers in the country. Don’t miss out as it’s crucial for your success!

 

Attend CMT’s 2ndMRES to explore pivotal issues critical for investing in Myanmar’s real estate development and property sector.

 

Vital Sessions:

  • Meet key officials from Mandalay lead by the Chief Minister and Mayor of Mandalay

  • Hear from Chairman of Yangon Heritage Trust Dr. Thant Myint-U on plans to restore Yangon’s heritage buildings and integrating them with modern township

  • Infrastructure developments and incentives for investments in special economic zone like Thilawa&Myothar Industrial Zone Park

  • Hotels and resorts landscape in key tourist attractions like Mandalay, Ngapali&Bagan including discussions on financing, commercial terms and many more!

  • Guidelines on land ownership and structuring joint venture partnership

  • Case study on the Junction 8 malls and retail trends in Myanmar by renowned conglomerate ShweTaung Development Co.

Plus many more!

 

 

 

Why Attend CMT Invest Myanmar Series?

 

1. Proven Track Record

 

CMT has organized 16 summits in Yangon since March 2012 in key sectors attracting over 3000 delegates from over 50 countries. These include:

 

- 1st & 2nd Myanmar Oil, Gas & Power

- 1st, 2nd & 3rd New Myanmar Investment

- 1st & 2nd Myanmar Mining

- 14th Asia CemenTrade

- 2nd Commercial Farm Asia

- 1st Myanmar Telecoms Reform Update

- 1st Myanmar Real Estate

- 1st Myanmar POWER Summit

- 3rd RubberPlant Summit

- 9th SugarWorld Asia

- Myanmar Consumer Summit

- Myanmar Transport & Logistics Summit


2. Meet Key Officials & Decision-makers

 

CMT works closely with various ministries. The Ministry ofEnergy, Ministry of Mines, Ministry of Electric Power & Ministry of Transport act as official host andsupporter of many of our summits

 

3. Connect with genuine local or foreign partners

 

Network with the right persons or companies. We attract the best possible candidates you can pick as business associate or partner.

 

4. Covers All Strategic Sectors

 

CMT covers all the key sectors - Energy, Mining, Agriculture, Real Estate, Infrastructure, Finance, Power, Telecoms and many more.

 

5. 1 to 1 Meetings with Government Officials

 

CMT facilitates dedicated private consultation sessions with government officials at our events.

 

CMT Invest Myanmar series provide not mere "information" but "insights on growth strategies

 

 

 

 

 

 

Part 1: Design & Building Projects in Myanmar

What are the key issues for a successful delivery in a demanding environment? Hear from Julien Esch, Business Development Manager of BYMA who has lead and secured the company’s first project in Myanmar in early April 2013, for the design and construction of a 1042 residential units at Star City in Yangon, in partnership with SPA-PM.

 

  • Utilities infrastructure
  • Design coordination and building permit
  • Construction execution
  • Sourcing the right materials locally, local supply chain vs. importation
  • Site management i.e. power supply, quality concern
  • Employing the Myanmar talents and … retaining them!
  • Costing challenges in a construction project in Myanmar: inflation, exchange rate
  • Specific case study: Heritage building renovation
 

Part 2: Legal & Tax Structure of Major Construction Projects

Using real life examples; Yangon based lawyer Edwin Vanderbruggen of VDB Loi shares his experience on how projects are structured in practice and on what the Government will permit in reality.

 

  • One MIC Permit or two? Should you license the contractor or the project owner? Can you obtain a license for both?
  • What are the rules for licensing construction projects? How do they work in reality?
  • How to avoid the “Commercial Tax trap”: why does everyone get this wrong?
  • How to split the onshore and the offshore contract: does this affect your ability to import?
  • Are there in reality foreign ownership restrictions for construction activity?
  • Which construction projects have received an MIC license to date?
  • 5 issues of the Myanmar Contract Act to watch for in your contractual documentation

 

VISA INFO FOR FOREIGNERS:

 

Get Myanmar Visa in Singapore

Get Myanmar Visa in Bangkok

 

Though Visa-on-arrival (VOA) now available for 48 countries listed here, CMT recommends pre-arrival application at country of departure. For VOA application, visit site below:

 

Myanmar Visa

 

NOTE: CMT accepts no liability for services rendered and/or its outcome

 
Testimonials

 

Well-organised & speakers are well prepared - Far East Org

 

Comprehensive and Instructive for a new corner to Myanmar - Bouygues Batiment International

 

Meets my requirement - Felda

 

Worth attending/ Good Organizing - Green Vision

 

It is a good meeting with field-related companies and personnel - Chinthe Capital Advisors

 

I am satisfied with the overall experience about the conference - Myanmar Hoteliers Association

 

Read 1st MRES post event article at Myanmar Tourism Org site

 

 

Industry News Who Shall Attend Be a Sponsor or Exhibitor!

Soilbuild inks condo venture in Yangon

 

More high-rise buildings approved in Yangon

 

Joint venture to build Yangon mega condo

 

Amara makes plans for Myanmar hotel project

 

Vietnam signs $300 million deal on Yangon mega complex

Property investors & developers, Real estate analysts, Construction & engineering firms, Consultants & brokerage firms, Hoteliers, Financiers & lenders, Banks & financial institution, Asset managers & fund managers, Real estate funds, REITs, hedge funds & private equity, Insurance firms, Law firms, Tax consultants, Industry regulators & etc.

This event is an excellent platform to promote your organization to influential players and investors in the industry. Sponsorship opportunities available include Corporate, Exclusive luncheon & Cocktail sponsor.

 

Exhibition / catalogue display can be arranged upon request.

nisha@cmtsp.com.sg or

(65) 6346 9130

Myanmar Real Estate Prices continue to climb as Demand outstrips Supply
Posted on : 12 Sep, 2013

 

Following Myanmar Government’s decision to permit three-year lease to owners, the land prices in downtown Yangon have continued to spiral upwards. The price for one square foot can cost up to US$ 800.

 

In an article in Mizzima, Khin Maung Aye, an executive with the Myanmar Real Estate Brokers’ Association Information Department, was quoted saying, “to sustain the urgent demand trend for office space due to foreign investors inundating the country, buyers are now speculating on land in the former capital's central business district earmarked for high-grade condominium buildings.”

According to an agent at Shwe Kan Myay Real Estate, currently, a standard 100 by 100 feet condominium can cost a buyer around US$ 8 million. The prices of property in this developing country are the same as real estate prices of major cities in developed countries across the globe.

 

The premier buildings in the country, including Sakura Tower and Sule Business Center, are occupied by foreign investors according to Mizzima. Yangon’s office space is limited and the demand continues to outstrip supply.

 

The question now is – how long will this overwhelming demand support price hikes? According to the Bangkok Post several well-off landowners in prime real estate areas are holding out for higher prices, however, some buyers have already reached their limit.

CMT’s 2nd Myanmar Real Estate Summit (MRES) 2013, being held on 30 Sep-01 Oct, 2013 in Yangon, throws light on land ownership, pricing structure, zoning regulations and many more.

 

For more information please visit the Event Page or contact Ms. Grace at grace@cmtsp.com.sg or Tel. +65 6346 9147.

 

Read more http://www.ibtimes.com/myanmar-real-estate-prices-continue-hike-market-should-stabilize-future-financing-becomes-available



Singapore-Listed Developer Yoma Strategic Holdings Taps on Myanmar’s Property Sector
Posted on : 28 Jun, 2013

 

Myanmar’s economic developments have spurred an onset of property projects and investment opportunities. International companies of various sectors are rushing to enter the Myanmar market, and this trend is expected to continue to grow, causing a strain on office and residential spaces. The gap between demand and supply in property is likely to persist over the next two years, prompting developers to enter Myanmar.

 

Singapore-listed property developer, Yoma Strategic Holdings, has since tapped on this opportunity presented by the new Asia frontier, with its expansion plans in Yangon involving the development of more hotels, office buildings and large-scale residential properties.

 

Currently, Yoma is building the 135-acre Star City six mils southeast of downtown Yangon. Targeted at Myanmar’s middle-class population, the development includes 9,000 units of apartments as well as a retail area.

 

In an interview with Bloomberg Television, CEO Andrew Rickards stated their intentions in going into “commercial buildings, office buildings, hotels, all of which are desperately needed in Yangon”. Emphasizing on the sector’s importance, Rickards highlighted that property will remain the “only investible asset” in Myanmar.

 

CMT’s upcoming 2nd Myanmar Real Estate Summit in Yangon, September 30 to October 1, 2013, will see Cyrus Pun, Executive Director of Yoma, join as a key panelist. For more information on his session and other speakers, please visit the Event Page or contact Ms. Grace at grace@cmtsp.com.sg or Tel. +65 6346 9147.

 

 

Read more: Yoma plans offices to hotels in Myanmar expansion, CEO says



Premium Sponsor



www.htoogroup.com

Supported by



www.mbba.co.uk



www.myassocmm.com



www.thaitch.org



www.mtcc.or.th



www.sip.org.sg

Exhibitors



www.cmtevents.com/eventexhibition.aspx?ev=130941&



www.suntactechnologies.com/

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Speaker Profile

Mr.Christopher Thurane Aung
-Thurane Aung (Christopher) obtained his BA (Hons) in Business Information Management & Finance from the University of Westminster, United Kingdom. He is the New Business Development Director (Dagon Group of Companies) and Operations Director (Dagon International Ltd.). Christopher joined Dagon group of Companies in 2002. Dagon Group of Companies ....
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Mr.Christopher Thurane Aung, New Business Development Director
Dagon Group of Companies
Chairman's Remark
Day 1 [Mon 30, September], at 10:00 AM

Day 1 [Mon 30, September], at 12:10 PM
Mr.Murli Metharam
Murli Metharam, graduated in Finance, joined the French Bouygues Construction Group in 1989. He has been involved in projects in Hong Kong, Nigeria and Vietnam with different challenging environments in the building and water treatment fields. He had occupied various positions from Project Cost Control to Project Management before taking responsibilities in the Business Development team since 2006.....
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Mr.Murli Metharam, Business Development Director
Bouygues Baltiment International

Day 2 [Tue 01, October], at 01:30 PM
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