Visitors at BuildTech Yangon 2015. — VNS Photo Courtesy of organisers

HCM CITY (Biz Hub) — The third edition of BuildTech Yangon in Myanmar will be held from May 26 to 28 at the Myanmar Convention Centre.

BuildTech Yangon 2016 has attracted 120 exhibitors from many countries and territories, including Austria, China, Indonesia, Korea, Thailand, Viet Nam, Singapore and Myanmar.

In addition to staple exhibits from the construction machinery building materials and mechanical engineering segments, the expo will showcase equipment, machinery and solutions on facilities management, interior finishing and architectural solutions.

This new focus is in line with recent developments in Myanmar's construction sector which is booming following the opening up of Myanmar's economy to the world.

Meanwhile, increased awareness of construction and workplace safety has given rise to a greater focus on safety and disaster prevention in this year's BuildTech Yangon, according to the organisers.

U Tha Htay, president of Myanmar Construction Entrepreneurs Association, said: "The infrastructure construction sector is the second largest market in the Myanmar construction industry that is worth an estimated US$765 million.

"The government's focus on improving infrastructure in Myanmar will see the major development of new roads, buildings, pipelines and electrical grids. At the same time, a sharp rise in foreign direct investment has seen a big growth in demand for new office space as well as housing for expatriates."

Organised by Sphere Exhibits, a subsidiary of Singapore Press Holdings, and co-organised by the Myanmar Construction Entrepreneurs Association, the show is expected to attract over 4,500 visitors. — VNS