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A joint venture between South Korea and Myanmar is set to be established in the coming months after receiving approval from the Myanmar Investment Commission.
Colliers International believes there are huge opportunities available for investors as infrastructural development continues to improve in Myanmar.
Phase 1 of the New Yangon Development Co is expected to cover an area twice the size of Singapore and exceed US$1.5 billion when completed.
Myanmar's Ministry of Construction has announced plans for four mega-development projects across Yangon and Mandalay.
As Myanmar's Thilawa SEZ Project attracts global Foreign Direct Investment, Japan and Singapore top of investor list.
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