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Foreign Investment in Hotels and Commercial Complexes

Projects, Rooms, and Investment

Sir. Projects Rooms Investment US$(m) Remarks
1. 33 6241 1751.772 Completed
2. 11 2296 986.5054 Under Construction
3. 27 4621 1722.5345 MIC Permitted
71 13158 4460.5619

Foreign Investment in Hotels and Commercial Complexes by Countries

Sir. Country Hotel/Apartment Investment US$(m) Remarks
1. Singapore 34 2743.0624
2. Thailand 13 479.964
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
11. China 2 70.000
12. France 1 0.8135
Total 71 4460.5619

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