Foreign Investment in Hotels and Commercial Complexes

Sir. Projects Rooms Investment US$(m) Remarks
1. 33 6241 1749.772 Completed
2. 11 2296 857.5454 Under Construction
3. 12 2670 476.888 MIC Permitted
56 11207 3084.4254

Foreign Investment in Hotels and Commercial Complexes by Countries

Sir. Country Hotel/ Apartment Investment US$(m) Remarks
1. Singapore 34 2764.1834  
2. Thailand 13 497.964  
3. Vietnam 1 440.0000  
4. Hong Kong 5 187.7000  
5. Korea 1 100.0000  
6. Japan 6 394.3850  
7. Malaysia 3 23.1360  
8. United Kingdom 3 14.5000  
9. Luxembourg 1 6.730  
10. Switzerland 1 0.271  
  Total 68 4428.8694  

Foreign Investment Hotels in Myanmar by Country- wise

 

Project / Hotel

Rooms

Investment(USD in Million) 

Signing

Opening

Remarks

1

SINGAPORE
Nawarat

80

10.000

30-9-93

28-5-94

UC

2

Summit Parkview

445

85.000

18-11-93

3-6-95

 

3

Mandalay Swan

112

3.200

14-12-93

14-10-95

JV

4

Sedona Yangon

797

213.270

15-1-93

18-9-96

 

5

Traders

496

84.000

28-3-94

14-11-96

 

6

Traders Square

Complex

128.000

10-9-96

UC

7

Park Royal

359

50.000

26-7-94

27-5-97

 

8

Sedona Mandalay

300

52.530

15-9-95

25-1-98

 

9

Shangri-La

637

304.000

28-3-94

1-11-13

 

10

Savoy

30

0.625

28-7-93

11-1-96

 

11

Orchid

44

3.600

18-7-96

 

12

Big Tree Hotel

125

4.200

 

%/ UC

13

Daewoo Amara

668

355.110

12-9-13

 

JV/UC

14

Sccp lakeside

250

23.713

 

%
(permit)

15

Hotel “M” Management

38

2.100

 

JV

16

Nature Link

365

105.82

 

JV/UC

17

Myanmar WPG Hotel

88

9.000

 

JV/UC

18

City Square Hotel(shwe taung)

348

95.690

 

 

JV/UC

19

Asia Myanmar Shining Star

303

157.6254

 

 

JV/UC

20

Bench Made Asia Myanmar

90

7.080

 

 

%
(permit)

21

Domel Island Development Co.,Ltd

200

25.000

 

 

JV

22

New Strand Development Co.,Ltd

295

105.000

 

 

 

23

Crown Advanced Co.,Ltd

496

30.500

 

 

 

24

Yangon Excelsior Co.,Ltd

73

11.400

 

 

 

25

Pan Hlaing Lodge Hotel Managent Limited

46

19.000

 

 

 

26

M  Hospitality Management Co., Ltd

46

2.800

 

 

 

27

Peninsula Yangon Limited

88

144.000

 

 

 

28

Meeyahata Development Co., Ltd

279

574.100

 

 

 

29

Mokan

50

4.500

 

 

JV/UC

30

Sapphire  Gardens Kalaw Co.,Ltd

80

5.520

 

 

%(permit)

31

KT Club Development project Co.,Ltd

76

96.40

 

 

 

32

Smooth Way Development    Co.,Ltd

100

7.40

 

 

 

33

SM Mawlamyaing

45

9.00

 

 

 

34

NAUTICAL ACE Co.,Ltd

157

35.00

 

 

 

Sub-total

7606

2764.1834

 

 

 

35

THAILAND

Chatrium (Nikko )

303

41.380

16-12-94

20-3-98

 

36

Golden Triangle

 

162

10.000

19-1-90

28-1-01

 

37

Allure Resort 

 

68

12.000

9-12-99

21-3-03

 

38

Centrepoint  Grand Hotel

270+Office

75.000

29-11-93

3-7-09

 

39

Victoria Resort

52

40.531

3-4-1998

19-5-2008

 

40

Mandalay  Hill

206

26.000

28-10-94

21-12-95

 

41

St.Luke’s

30

3.500

29-4-04

(UC)

UC

42

Pearl  Laguna

100

15.000

    15-7-09

28-2-14

 

43

Richy  Regina

60

 15.250

9-10-09

17-11-02

 

44

Prime Residence (Flying Tiger)

239

131.060

 

UC

45

KMOT Co.,Ltd

24

2.5000

JV

46

Pongpipat Development Co.,Ltd

800

125.000

%(permit)

47

NED KELLY Co.,Ltd

20

0.743

 

 

 

Sub-Total

2334

497.964

 

 

 

48

JAPAN

Thiripyitsaya

127

22.000

21-6-96

21-6-97

 

 

49

 

Yangon Int’l(MCG)

 

111

 

10.000

 

17-8-94

 

15-5-97

 

50

Yangon  Sakura

Office

30.000

25-7-95

25-1-99

 

51

Hotel   Yamaman Co.,Ltd

91

11.665

%(permit)

52

Y Complex Co.,Ltd

276

320.000

 

 

 

53

Operating Partners Myanmar Co.Ltd

42

0.7200

 

 

 

Sub-Total

647

394.385

 

 

 

 

54

HONG KONG

Strand         

 

32

 

 

 

5-11-93

 

JV

55

Inya Lake    

239

56.150

15-5-90

27-10-95

JV

56

Thamada

58

 

 

17-1-97

JV

57

Rose  Garden

315

115.520

5-8-93

29-3-14

 

58

Mya  Bay H&Coplatinum Pathein co.,Ltd

155

16.030

Permit

JV

Sub-Total

799

187.70

 

 

 

59

MALAYSIA
Seasons of Yangon

121

5.000

8-12-94

18-9-96

 

60

Micasa

100

15.000

19-9-96

14-12-98

 

61

Uptown Regalia

91

3.136

 

 

%

Sub-Total

312

23.136

 

 

 

62

BRITISH
Governor’s Residence (Pansea)

50

10.000

10-10-95

21-3-97

 

63

Road to Mandalay

43

3.500

 

 

%

64

R.V Orcaella

25

1.000

 

 

%

Sub-Total

118

14.500

 

 

 

65

VIETNAM
Hoang Anh Gia Lai Myanmar Centre

429

440.000

 

 

 

66

LUXEMBOURGM
Sanctuary Retreats Myanmar Ltd

21

6.7300

 

 

%

67

KOREA
INNO International Development Co., Ltd

150

100.000

 

 

JV
(permit)

68

SWITZERLAND

MONDOLIS Co.,Ltd

50

0.271

 

 

 

Total

12466

4428.8694