In your opinion, how do construction timelines for projects in Myanmar compare to those of other countries in the region?
Myanmar Construction
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Interviews & Viewpoints | Ang Wee Gee, CEO, Keppel Land: Interview from The Report: Myanmar 2016
Articles & Analysis | Improving regulations and standards for Myanmar's construction sector from The Report: Myanmar 2016
Construction activity eased in 2015, as investors awaited the outcome of November’s historic election and the passage of a new law governing the development of condominiums. The law was introduced in Parliament in 2012 and could potentially allow foreigners to buy property in the country for the first time. Despite the political risks, Myanmar...
Articles & Analysis | Condo and retail developments in Myanmar cities from The Report: Myanmar 2016
An expansion of retail space in urban centres is currently under way in Myanmar, as the country targets the creation of “destination” malls, similar to those that have proved popular in much of South-east Asia. In Yangon, Myanmar’s commercial centre, total retail stock stood at an estimated 171,078 sq metres of leasable space at the end of the...
Interviews & Viewpoints | U Win Khaing, President, Myanmar Engineering Society (MES): Interview from The Report: Myanmar 2016
Articles & Analysis | Housing demand driven up by Myanmar's growing population from The Report: Myanmar 2016
At least 330,000 people move to Yangon every year from Mayanmar’s rural heartlands or its townships in the hope of finding work. The city’s population is expected to reach nearly 10m by 2035, almost double the number registered in 2013.
Chapter | Construction & Real Estate from The Report: Myanmar 2016
Myanmar’s construction industry has expanded rapidly in recent years. The sector’s GDP growth amounted to 7.7% in fiscal year 2014/15 and is expected to grow to 8.3% in 2015/16. Despite political risks, Myanmar’s development needs remain significant, particularly in infrastructure. With the victory of the National League for Democracy in November 2015, it is expected that 2016 will see an...