Yangon Govt Leases $750M of Land to Malaysian Conglomerate

Yangon regional Chief Minister U Phyo Min Thein (left) and a representative (right) from BDS company pose for a photo after signing a concession agreement on Feb. 7 in Yangon. / Yangon regional government

Yangon Govt Leases $750M of Land to Malaysian Conglomerate

Yangon’s regional government has inked a $750-million development deal with Malaysian conglomerate Berjaya; Myanmar’s Investment Commission has yet to approve it.