HAGL complex opens in Myanmar

Thursday, Jun 25, 2015 17:19

A conner of the HAGL Myanmar Centre. — Photo vnexpress

HA NOI (Biz Hub) — The first phase of the HAGL Myanmar Centre, a US$440-million trade centre, hotel and service office complex, was opened in Myanmar on June 23.

The Hoang Anh Gia Lai (HAGL) Group has invested in the project, spread over more than 73,000qu.m, with financial support from the Bank for Investment and Development of Viet Nam (BIDV), Eximbank and Sacombank.

The first phase includes a trade centre, two 27-storey office towers on 161,000sq.m of land and a five-star 23-storey hotel that has 429 apartments.

The second phase of the project will begin this month and will be completed by the second quarter of 2017. During this period, the group will build four 28-storey towers that will have 1,800 apartments and office areas for rent. — VNS

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