|Opening Address by|
His Excellency U Kyaw Lwin
Union Minister of Construction
Ministry of Construction
"Ensuring Cost Effective Planning & Project Management of Construction & Infrastructure Projects..."
"YSH and Mitsubishi to co-develop Landmark project in Yangon"
~ 3 Oct, Eleven Media Group
"Myanmar approves Ks 425 billion for new construction projects"
~ 27 Sept, Eleven Media Group
"Leading S, Korean steelmaker to invest in Myanmar construction industry"
~ 26 Sept, Eleven Media Group
"Singapore-based construction firm to invest in high-rise building project"
~ 23 Sept, Eleven Media Group
With the ADB bullish on Myanmar's economic prospects, the country's construction sector is set to boom. From ground level up and across the country from Yangon to Bago to Mandalay and neighboring towns, extensive infrastructures projects are being planned.
New roads and highways, upgrading rail track and rolling stock, elevated telecoms base tower stations, power plants, deep sea ports, airports and Thilawa SEZ's industrial estates and other key sites are attracting investments and capital and expertise from Japan, Korea, Europe and ASEAN neighbors.
To meet the rising construction needs - JVs and business relationships between foreign and local companies are growing to develop not only new hotels, residential, commercial buildings but also to restore the world's highest number of heritage buildings as well as ministry buildings left behind when the government relocated to Naypyidaw.
Yangon City is set to undergo a major revamp, with the strategic urban development themed Yangon 2040, A City of Green and Gold". This urban development includes the New Myanmar Building Code for High-Rise Buildings in Yangon, as well as efforts to conserve and restore Myanmar's unique heritage buildings with a new lease of life.
Against such a background... Cost effective sourcing and logistics of construction materials (cement, sand, glass, steel, etc) and heavy equipment, as well as securing skilled and unskilled manpower are critical challenges for regional and local contractors and project developers in Myanmar. On-site management, minimal delays and variations are vital concerns for a country that is in an accelerated pace to expand and expedite multiple projects simultaneously... If you are involved or keen to seek opportunities or cementing partnerships in constructing Myanmar, attendance at this summit will be invaluable.
Clarify your concerns and seek assurance 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 Myanmar Construction Summit to assess and manage pivotal challenges critical to your project in Myanmar's emerging construction sector.
YCDC's Urban Development's Advisor on the Strategic Development Plan of Greater Yangon and the Action Roadmap
Clarify with Officials from Construction Ministry on both Low-Cost Housing and Transportation Infrastructure (Roads, Bridges & Highways) Construction Projects and Mapping
First hand insight on Yatanarpon's CEO on the Infrastructure Construction Needs for a World-Class Myanmar Telecommunication Network
Seek Procedures & Custom Tax for Construction Project Implementation Approvals
Project Manager & Contractor's views on material and logistics management
Interactive discussion with experienced panelists on project implementation, overcoming operational challenges and many more!
Viability of Pre-Cast Concrete Technology & Manufacturing in Myanmar!
Sourcing of Construction Materials in Myanmar
Plus many more!
Why Attend CMT Invest Myanmar Series?
1. Proven Track Record
CMT has organized 20 summits in Yangon since March 2012 in key sectors attracting over 4000 delegates from over 50 countries. These include:
- 1st, 2nd & 3rd Myanmar Oil, Gas & Power
- 1st, 2nd & 3rd New Myanmar Investment
- 1st & 2nd Myanmar Mining
- 14th & 15th Asia CemenTrade
- 2nd Commercial Farm Asia
- 1st Myanmar Telecoms Reform Update
- 1st & 2nd Myanmar Real Estate
- 1st & 2nd 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 of Energy, Ministry of Mines, Ministry of Electric Power , Ministry of Transport, Ministry of Industry & Ministry of Construction act as official host and supporter 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
Myanmar’s Youth Force partners with Hong Kong-based Yau Lee Holding to build precast concrete factory
Posted on : 20 Feb, 2014
A local Myanmar company - Youth Force Group of Companies (Youth Force) has taken the initiative to build a precast concrete factory in the country. For that, Youth Force has tied up with Yau Lee Holding Ltd, a top Hong Kong-based company. Hong Kong is one of the top investors in Myanmar with investments amounting to over USD 6.46 million (Ks 6.38 billion), according to the Directorate of Investment and Companies Administration.
Recognizing the need for low-cost housing in Myanmar, Youth Force has planned to build a precast concrete factory that can cater to the demand for affordable houses.
Although Youth Force and Yau Lee Holdings have already signed an agreement to build the factory, the actual site of construction is yet to be finalized. After choosing the site, Youth Force plans to complete the formalities of submitting the proposal to the Myanmar Investment Commission after receiving an approval from the Ministry of Construction. Tentatively, the factory will be built in the Thilawa Special Economic Zone (SEZ).
In the past, Youth Force has given technical assistance to many affordable housing projects in Myanmar, built by the Ministry of Construction.
More on precast technology and low-cost housing and construction sector updates will soon be accessible at Myanmar Construction Summit on 11-12 March 2014, in Yangon.
For more details, visit the official website>>>
For enquiries, contact Ms. Hafizah at email@example.com or call +65 6346 9218.
Yangon City Development Committee plans online construction permit application process by 2014
Posted on : 09 Jan, 2014
In a bid to ease and quicken the process of applying for a construction permit, the Yangon City Development Committee (YCDC) recently said that land developers in Yangon will be able to submit construction permit applications online very soon. Although the exact dates are not revealed, YCDC said that the online service will be available in early 2014.
YCDC says that with commencement of the online service, concerned departments will start processing the applications. The applicants will also get prompt replies on their queries. This will help speed up the process. In the current scenario, those seeking permits have to visit the YCDC office and submit the application in person. Therefore, online submissions will be a cost-effective and time efficient service. However, the online application process, in the beginning, will only be applicable to a few townships, and more would be given access soon.
At present, YCDC only provides online services for land grants and ownership. A few online application services of YCDC are already available on the official website www.ycdc.com.mm.
Given the high level of investments in Myanmar's construction sector by several foreign and local companies and Yangon being the epicenter, this move is a step in the right direction.
CMT's Myanmar Construction Summit will look into such latest developments in Myanmar's construction sector that opens on 11-12 March, 2014 in PARKROYAL, Yangon.
For enquiries on registrations, please contact Ms. Hafizah at firstname.lastname@example.org or call +65 6346 9218
Visit the official webpage for more details about the event.
Singapore, Thailand companies to invest in Myanmar’s growing construction sector
Posted on : 20 Nov, 2013
The total investment in Myanmar’s construction sector by foreign companies has already exceeded USD 37 million (Ks 36.03 billion).
Singapore is the sixth biggest investor in Myanmar and to date Singapore has invested in about 90 projects in the country. The 2 latest Singapore companies to invest in Myanmar are Wood Craft International and Uni Global Power.
The two companies will invest in the country’s wood-based industries and construction sectors in a joint venture with local Myanmar counterparts – Myanmar's Global Star and Nature Link. This partnership is aimed at producing finished wood products and invest in infrastructural development projects including hotels, apartments, offices, city marts in the country. The joint venture will function on the build-operate-transfer (BOT) model.
Apart from Singapore, this year the Myanmar Investment Commission has approved proposals by companies from other countries including the United Arab Emirates for construction sector projects such as hotels, office apartments and office buildings. Recent reports indicate that Thailand’s largest specialty chemicals company, Sika, is also eyeing to invest in the booming construction sector of Myanmar. Myanmar’s Directorate of Investment and Companies Administration (DICA) has already approved Sika’s proposal to open a branch office in Myanmar in early October 2013.
Attend Myanmar Construction Summit 2013 on 2-3 December 2013 in Yangon to know more about the growing construction sector of the country.
Contact Ms. Hafizah for enquiries and information related to the event at email@example.com or +65 6346 9218.
Singaporean companies to invest in Myanmar's wood-based industries
Sika eyeing to invest in Myanmar construction sector
Myanmar’s construction sector secures investment worth 713 billion Kyats by local companies, especially apartment buildings
Posted on : 17 Oct, 2013
Myanmar’s local companies have invested 713 billion Kyats in the booming construction sector in the country, the Directorate of Investment and Company Administration said in a report.
The report also indicated that most of the recent apartment buildings, office apartments and hotels have been funded by local investors.
The Committee for Quality Control of High-rise Building Projects is entrusted with the responsibility of scrutinising the newly constructed buildings. The committee is closely inspecting the new building projects, especially hotels, office apartments and condominiums, jointly built with shopping malls by the local companies, which are 12 floors or higher.
Yangon has witnessed a steady rise in the construction of apartment buildings. Some of the under construction housing projects in Yangon include – the 34-floor Diamond Inya Palace, the 27-floor Diamond Valley Rise apartments, the Yadana and Ayeyarwon housing and the 51st street and Shwedon housing projects.
The announcement also mentioned that local businessmen from Myanmar invested over 801 billion kyats in the construction sector.
To know more about the latest developments in the construction sector in Myanmar, attend Myanmar Construction Summit on 02-03 December, 2013, in Yangon.
For more details feel free to contact Ms. Friyana at firstname.lastname@example.org or call +65 6346 9144.
Investment in Myanmar’s Construction Sector Touches US$ 38 Million Mark
Posted on : 06 Sep, 2013
According to the report of Directorate of Investment and Companies Administration, as of June 2013, the amount of money, invested in Myanmar’s construction sector by foreign investors had almost touched the US$ 38 million mark.
Thar Htay, Chairman of Myanmar Construction Entrepreneurs Association, in an article in Eleven, said that Myanmar’s engineers are currently carrying out technical cooperation with foreigners on construction sites in Yangon. He went on to say that they have appointed foreign experts as technical advisors for the same. A South Korean engineer has already been zeroed in on one of their construction sites.
Several foreign countries are now planning to invest in Myanmar's construction sectors as the country has opened up to economic reforms. In order to carry out its technical cooperations Myanmar is all set to sign an agreement with Japan and Vietnam. The aim of this agreement is to create job opportunities in the engineering and construction sectors.
Leading investors in Myanmar’s infrastructure and construction projects include China, Thailand, Hong Kong and South Korea.
According to Thar Htay the international community is interested in Myanmar because the country presents many good opportunities. Several foreign techniques are being made use of in the construction of Ayeyarwon and Yandana low cost housing projects.
Supported by the Ministry of Construction, CMT’s Myanmar Construction Summit 2013 on 02-03 Dec, 2013 in Yangon will tackle all issues related to Planning, EPC & Project Management.
For more details feel free to contact Ms. Friyana at email@example.com or call (65) 6346 9144.
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Mr. Toe Hlaing graduated from Rangoon Art and Science University. He specialized in geotechnical engineering and material engineering. He worked as project engineer in OCK Construction in Saipan, USA from 1989 to 1991. Later he worked as manager in AL Technologies Co. Ltd., Singapore from 1991 to 1997. During his service in AL Technologies, he was....
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