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    YANGON GOVERNMENT INKS US$750 MILLION CONCESSION AGREEMENT WITH MALAYSIAN CONGLOMERATE
 
     
  Yangon’s regional government has signed a concession agreement worth US$750 million with BDS Smart City Co., Ltd, a subsidiary of Berjaya Land Berhad (BLand), one of the largest conglomerates in Malaysia to develop a housing and mixed-use project in Myanmar’s commercial hub, Yangon. BLand estimates the total development cost of the project to come up to US$614.9 million. Situated in the corner of Myanandar Road and Shwe Li Road, in the Dagon Seikkan Township, the Project comprises of 12 parcels of vacant development land measuring in total area of about 183 acres. The Project will include affordable housing, medium-range apartments, high-end condominiums, commercial units, hospitals, schools and also community centres, and is expected to be rolled out in three phases over a period of nine years. BDS will own exclusive rights to the land for 50 years, extendable for two additional terms of 10 years each.  
     
   
     
  With all these developments taking place, now is the best time to expand your business horizon into Myanmar’s power and electrical engineering industry, and MYANENERGY 2020 presents companies and brands the ideal one-stop marketing platform to capitalise on opportunities in the sector. Held at the Myanmar Expo Hall, in Yangon from 19 -21 November 2020, the Expo will feature a wide range of equipment, technology and supplies showcased by over 200 exhibitors representing 12 countries. Drawing in thousands of industry professionals and trade visitors from all over Myanmar, this is the ultimate avenue to meet with interested buyers and key decision makers.

Exhibit with MYANENERGY 2020 and you will be able to fulfil all your objectives from conducting market feasibility studies, reaching an extensive audience, to building a strong relationship with major clients. According to the Ministry of Electricity and Energy (MOEE), the annual need for power consumption in Myanmar is increasing annually from 15% to 17%. With the Myanmar Government working extensively to meet the country’s demand for energy, this is one marketing opportunity you do not want to miss out on.
 
     
  Contact Ms. Juju at juju@ambtarsus.com to book your preferred booth location today.