The Republic of the Union of Myanmar

Ministry of Construction

The Current Situation and Future Trend

of
BUILDING CONSTRUCTION
and
HOUSING SECTOR
in Myanmar

U KHIN MG THEIN
Chief Engineer (Buildings)
Public Works, Ministry of Construction
Myanmar
March 2014 1

The Republic of the Union of Myanmar

Ministry of Construction

GOALS

Building Sector

To achieve safe and quality built environment in Myanmar

Housing Sector

To upgrade living standards and provide adequate housing

for all the citizens

2
 The Republic of the Union of Myanmar
Ministry of Construction

BUILDING CONSTRUCTION IN MYANMAR

CLASSIFICATION OF BUILDINGS

1. Assembly
2. Business
3. Educational
4. Factory and Industrial
5. Hazardous
6. Institutional
7. Mercantile
8. Residential
9. Storage
10.Utility and Miscellaneous

Ref: 2012 MYANMAR NATIONAL BUILDING CODE (Provisional)

Most of the Large Scale Buildings had previously been constructed

by the public sector, mainly by the Public Works. 3

The Republic of the Union of Myanmar

Ministry of Construction

BUILDING CONSTRUCTION IN MYANMAR

Public Works Department of Human

Settlement and Housing
Development

Bridge Building Airfield

4
 BUILDING CONSTRUCTION IN MYANMAR

Some Buildings Constructed by the Public Works

Before 2011
Construction and Maintenance
of Large Scale and National Level Buildings 5

BUILDING CONSTRUCTION IN MYANMAR

Undertaking Building Construction Regulating Building Construction

Architectural, Structural, Water and Professional Regulatory Authority for
Sanitation and Electrical Drawings as well Engineering
as Construction carried out by the Public
Works . Professional Regulatory Authority for
Architecture
Architectural, Structural, Water and
Sanitation and Electrical Drawings prepared Myanmar Engineering Council Law passed
and issued by Public Works, however
Construction Tendering and Management Myanmar Architect Council Law in drafting
undertaken by relevant Ministries. and approval stage

Design Coordination, Construction Provisional Myanmar Building Codes issued

Management and Quality Control
undertaken by the Public Works Updating Analysis of Rates

After 2011
Undertaking and Regulating Building Construction
6
 BUILDING CONSTRUCTION IN MYANMAR

Envisaged Future Role in Building Construction

Cost verification and approval of buildings to be constructed with the

Government Budget

Setting, Controlling and Approving Internationally acceptable Standards

and Specifications for Buildings to be constructed with Local and Foreign
Investment

Preparing and Issuing Architectural, Structural, Water and Sanitation

and Electrical Drawings and Quality Control in construction of the
projects when assigned by the Government

Need for Construction Industry Law

Designated Building Construction Authority

7

BUILDING CONSTRUCTION IN MYANMAR

Setting Standards and Regulating

Design Stage
- Setting and Regulating Building Standards and Specifications
- Setting Standards and Regulating Building Materials
- Setting Standards and Regulating Human Resources

Construction Stage
- Setting Standard Procedures and Regulating Building
Construction
- Setting Standards and Regulating Safety Measures in
Building Construction
- Setting Standards and Regulating Human Resources

8
 BUILDING CONSTRUCTION IN MYANMAR

Pioneering Modern Technologies

Technologies for Mass Production
- From Cast in situ construction method to prefabricating
( precast or factory production)
- Other Mass Production Technologies

Upgrade to high technology

- Precast
- Prestressed
- Postension
- etc.

Needs
- Quality Building Material Provision
- Technical Knowhow
- Capacity Building of Human Resources 9

BUILDING CONSTRUCTION IN MYANMAR

Key Challenges in Building Construction

Expected boom in building construction due to opening

up of the economy

Lack of competent regulations and quality control of

building design and construction

Lack of legal system in construction industry

Lack of Designated Building Control Authority

Need to upgrade Building Technology

10
 The Republic of the Union of Myanmar
Ministry of Construction

HOUSING SECTOR IN MYANMAR

Public Works Department of Human

Settlement and Housing
Development

11

HOUSING SECTOR IN MYANMAR

HOUSING PROVISION IN MYANMAR

High Income
Upper-middle and high income
households live in housing built by
themselves or built by the private sector
Middle
income Middle income households often occupy
formal, but low quality housing

Low Income Low-income households live in slums

and squatter settlements, or in low-cost
rental housing; the informal sector is the
main provider

12
 HOUSING SECTOR IN MYANMAR

Post-Independence Satellite Towns ,

Industrial zones &
Shelter/Space Public Housing Housing
Local needs Social needs Development
1951 NHB Act
Satellite Town
Development

Traditional 1920-1947 1950-1970 1980-2000 2000-2011

Housing Department DHSHD

Colonization (1990) Private Sector
(1972)
& Urbanization Market Participation in
Orientation & Housing Delivery
PPP in Housing
Pre-Independent

Lack of Housing Policy for Low income people and Rural Housing

Un-sustainable Provision and Delivery System in Public Housing

Lack of integrated Land use and Transport Planning 13

HOUSING SECTOR IN MYANMAR

Key Challenges in Housing Development

Expected growth of population from around 60 million to
around 90 million by the year 2040

The housing market is expected to grow continuously in

the near future.

Increase in housing demand due to

increase in per capita income and saving capacity
due to the national development projects and
changing political and economic situation;

increase of foreign investment in industrial and

service sectors as well as agricultural mechanization
resulting in more urbanization.
14
 Myanmar Urbanization
Myanmar
Center of interest for
the international investor

National Population growth rate=1.3%

Urban population growth rate= 2.9%
Rural urban ratio= 68: 32

Size of Main Cities

Yangon= 5.9 million
Mandalay= 1.5 million Source: UNHabitat, CSO.
Naypyitaw= 0.9 million
27 Cities= over 0.1 million
(Urban Poverty rate = 22%)

HOUSING SECTOR IN MYANMAR

Key Challenges in Housing Development

With around 12 million households in Myanmar,

calculated at household size of 4.7, an annual demand
for housing is around 300,000 units.

Development of sustainable housing financing

system;

Resource development in modern building

materials, construction technologies, machineries,
equipment and promotion of construction industry
for mass production of housing.

16
 Housing Policy

Housing Development Strategy 4: Development of adequate and

affordabel housing delivery systems
Programmes:
(1) Developing and carrying out adequate and affordable
housing delivery schemes in cooperation with region and
state governments;

(2) Promotion of modern building materials and mass

production construction technologies for housing
delivery;

(3) Cooperation with region and state governments in

allocation of reserved project land for public housing and
staff housing to be implemented in future in line with the
National Housing Policy; 17

Housing Development Strategy 4: Development of adequate and

affordabel housing delivery systems

Programmes (contd.):
(4) Carrying out pilot housing projects allowing low income
groups ownership of housing through housing loans and
cross subsidy systems;

(5) Carrying out estate redevelopment schemes of over aged

public housing and staff housing estates through public
private partnership system (PPP) to be implemented in
cooperation with region and state governments;

(6) Systematic production of affordable housing units by

various sectors such as government organizations, co-
operatives, public and private sectors within 2013-2014 to
2030-2031 budget years;
18
 Housing Policy

GOALS AND STRATEGIES OF

To provide affordable housing for middle and low-income groups throughout the
BUILDING AND HOUSING SECTOR IN MYANMAR
country.

To establish housing finance mechanism to promote affordability and house

ownership for the
To upgrade people.
living standards and provide adequate housing for all the citizens.

To promote construction industry development and mass production techniques

minimizing construction cost and time.

Cooperation with regional governments in implementing large scale public housing

and low cost housing projects through urban development approach.

To draft required laws and regulations ensuring provision of safe and adequate
shelter.
Building Codes
Condominium Act
Spatial Planning Law
Housing Development Law
19

Housing Demand and Supply

In Yangon, 36,000 Housing Units have been built from 2005

to 2010 for 5 years and , average 7,200 units of housing
were produced annually.

The demand for housing is 3.5 times of provision during

last decade while average increased households per year is
about 26,000 to 30,000 .

> 70% of Residential units are produced by the private

sector and much more profit orienting and targeting on
high income group.

Mandate on Housing Policy and Housing Provision (social

as well as market demand) is essential for balanced and
sustainable growth of socio-economic development
 Housing Provision by Public Sector

30% of City population is living in slum and squatter

which is needed for improvement of living standard as
well as proper housing solution
Most important gap is very high cost for housing and
peoples affordability of very low income level
Government sets the priority focus on affordable and low
cost housing provision
Housing Mortgage and Financing Mechanism is now
established and planning to be practice
Promotion of Construction Industry and its development
and establishment of Myanmar CIDB for quality building
Enactment of Legal framework for Building and Property
market development

MAIN PROVIDER - DHSHDS Housing Delivery

.
Excess housing demand induce
housing price increase.

Total Unit -53,816 no. (1993-2012)

Targeting on Low-Middle income group

2013-2015 Targeted Production
Affordable Housing 20,000
Low Cost Housing 3000
Urban Redevelopment 9000
Housing
 Affordable and Rental Housing Scheme

20 years Long-term Development Plan in Housing Sector

(2011-2031) - one million housing scheme
2013-2016 100,000 Housing Scheme

Location - Regions/States capital cities & secondary towns

Target Group - Priority for government servants and low-income people
Delivery - income level & status accordingly
Financing - Housing Mortgage Loan for 20 years
- Housing Financing System ( Bank, Finance Institution)
Investment - Government Budget/ Revolving Fund/ PPP & Loans, grant
Planning Township Development with neighborhood concept
Infrastructure - water, sanitation , electricity supply, waste management,
road & drainage
Operation & Management DHSHD + ward council + community 23

Rental Housing Scheme in Regions and States

Government Rental Housing for Government Servants
Capital cities - 2000- 2500 units /years (average)
Government Budget
Housing Estate Redevelopment Scheme
Old Housing Estates (DHSHD)
10 Housing Estates in Yangon (450 acres)
3 Housing Estates in Mandalay
29 Housing Estates in Other Cities
Redevelopment Program through PPP

Proposed redevelopment project at Proposed redevelopment project at 24

Botataung Housing in CBD Shwegon Housing
Proposed Yangon City Urban Development Plan . DHSHD. MOC
YANGON CITY
Yangon City Concept Plan (2040)
ECONOMIC HUB & DEVELOPMENT POLE
Area - 598.75 sq-km
Population (2010)- 5.0 - 7.023 million
Population (2040) - 10 12 million
Growth Rate - 1.69 % (2010)

Housing Development Plan (2040)

Designate Development Promotion Area
in Smaller Urban centers around Yangon
Urban Densification Area through
Upgrading
Existing Estate Redevelopment Area
Source: DHSHD.MOC

Housing Estate Redevelopment Scheme

U Wizara, Dagon
51th Street, Botataung
Pyinmapin, Mingaladon
Gyogone, Insein
Pyitawthit, Pazuntaung
Yankin
Shwegondine, Bahan
Kantawkalay,
Public Rental Housing Estates Mingalataungnyunt
10 Housing Estates in Yangon (450 acres) Wayluwun, Sanchaung
3 Housing Estates in Mandalay Thuwuna
29 Housing Estates in Other Cities
Redevelopment with the participation of private sector.
Mixed development for residential and commercial to utilize scarce and valuable land
effectively.
2013-2015 , 10,000 housing units are planned to produce.
 HOUSING PROJECT IMPLEMENTING AND PLANNING
by DHSHD & YCDC THROUGH PPP(2013-2015)
PLANNED HOUSING PROVISION OF DHSHD HOUSING PROJECT DEVELOPED BY YCDC (2013-2015)
Project Location
Type of Housing Unit(no)
(no)
Shwe Li n Pan,
Low Cost Hl a ing Tharyar
Housing 7 11868 Mi ngalardone,
Da gonSeikkan
Da gon East
Pi l ot Project(19600)-
Affordable Da gon Seikkan
Housing 7 26142 Hl a ing tharya r, Dagon
South
Shwe Pyi Thar
PPP Project (DHSHD)
Project
Type of Housing Unit(no) Loca ti on
(no)
Li nk Road
Estate Bota htaung housing
632
Redevelopment 2 COMMERCIAL
3529 350000 s q ft
(PPP)
181440 s q ft
Mi ngalartaungnyunt
30 Bota htaung Ti mesquare
Other (PPP)
Hl etan, Thanlyin,others,
7 407 CBD

Total 42578
50,000 Housing Units Production

RentalEstate
HousingRedevelopment Scheme.
Scheme in Regions and States DHSHD
EXISTING HOUSING ESTATE (1956)

Resettlement for existing rental units

Development of condominium and
Commercial
PPP project with Local Developer
Botataung Housing Redevelopment Project
in 51ST Street CBD

High Restriction and Development Control Zone

Near Shwe Dago Pagoda

Existing Rental Housing Unit -40 no.

New Development Unit -100 no.

Estate Redevelopment Project at Link

Road, Shwegon Housing
 Ayeyarwun and Yadanar Housing Project 1. Area 220 Acres
(89.03 Ha.)
2. Parcels 11 Nos.

3. Buildings 49 Nos.

4. Floors 18 Storeys

5. Units/Bldg 400 Nos.

6. Total Units 19600 Nos.

7. Unit Area 600 sft

8. HH size 4.5 p /hh

9. Population 88200 p.

School
Sports Ground and Recreation Places
Market and Commercial
Bus Terminal with Commercial Shops
Car Parking
Clinic, Police Station, Fire Station etc.
Physical Infra
Waste water Treatment 29

Satetara Mahi Estate Redevelopment Project, Mandalay

(1) 4U 8S Apartment Building - ( 5 ) nos

(2) 4U 9S Condominium Buildin - ( 6 ) nos
(3) 1U 4S Showroom& Office - ( 5 ) nos
(4) 3 Storeyed Admin Building - ( 1 ) nos
Total 417 housing and Shophouse units
Total Floor Area - 528310 sq.ft
CURRENT SITUATION PRIVATE SECTOR

Driving Demand for Quality

Under Supply on appropriate Residential and Commercial property
market
Shortage in High Quality Development (quality offices, apartments,
hotels, and retail spaces are all in short supply)
Undergoing rapid transformation, including inflow of international
investment
Significant demand for Land and quality space in Yangon
Developers are focus on high-end projects in Yangon
Flight for changes of Quality in the Real Estate Market
Need for enactment of Legal framework for property market
development

LIST OF HIGH RISE BUILDING SUBMITTED TO CQHP(2013-2014)

SOURCE:COMMITTEE FOR QUALITY CONTROL OF HIGH RISE BUILDING CONSTRUCTION PROJECTS
No Project Storey company Location 28 Anna War Min Tower 2 12 Anna War Min Latha

1 Pyay Garden Office Tower 1+11 Ze Ga Bar Sanchaung Ngwe Gant Gaw(Lanmadaw
29 Tower) 12 1/2 Shwe Naing Ngan Latha

2 United Tower 10 12 United Construction Bo Ta Htaung Tet Lann

30 19th street Project Kan nar street
Construction
3 AMBO Tower (Bo Aung Kyaw) 12 Naing Group Kyauktada 31 30th street Project 12 Naing Group Shwe Bone Thar
4 U Myint Thein+1 10 Yadanar Myaing Latha 32 Hman Cho 12 1/2 Naing Group Pabedan
5 Diamond Tower 12 Yadanar Myaing Pabedan 33 Mandalay Street & Bo Min B+12 1/2 Naing Group Min Ga Lar Taung
6 Lucky Condominium 12 Naing Group Bogyoke Street Young St Project Nyunt
{B(2)+17}And Myint& Associate
7 M.T.P Kamaryut Tower 11 MTP Constriction Kamayut 34 M & A Office Tower Kamayut
{B(2)+7} Company
8 Aye Yeik Thar Condominium 1+10 Tet Lann Construction Bahan 35 KBZ Residence 11 1/2 Majestics Kamayut
9 City Shine Tower 12 City Shine Construstion Kyauktada Corner of Shwe
36 Corner of Shwe Bone Thar& 12 1/2 Naing Group Bone Thar&
10 Classic Stand Condominium B+12 Naing Group Pabedan Anawyahtar St
Anawyahtar St
11 United Tower 11 12 United Construction Bo Ta Htaung 37 Arkar Kyaw Family
Khon Zay Tan Tower 12 1/2 Group Con Zay Dan St
12 Bo Soo Pat Building 12 Yadanar Myaing Pabedan Min Ga Lar Taung
38 Shine Business Tower B(2)+12 Shine Nyunt
13 Pansodan Business Tower 12 1/2 Naing Group Kyauktada
Min Ga Lar Taung
39 Pacific Hotel B+12 Yadanar Myaing
Nyunt
14 Hnin Si Gone Condominium 12 1/2 Naing Group Alone
40 Bo Ta hatung
Soe San Tower 12 Soe San
Min Ga Lar Taung
15 Shine Tower 12 Shine
Nyunt Than Lyin Estate Near Thanlyin
41 Star City 12 Development Bridge
16 Kyaw City Tower 12 1/2 Kyaw City Kyauktada No.227/229,Seik Kan Thar
42 12 1/2 MTM Kyauktada
Street
17 Kyaw Condominium 12 1/2 Motherland Kyauktada
Shwe Gone Daing Hotel(2).
Myanmar 43 B(2)+21 December Bahan
18 Myanmar Shweoudaungmin 12 1/2 Pabedan Bahan
Shweoudaungmin
44 Hill Top Condominium 16 Shwe Taung Alone
19 Hotel Shwe Gone Daing 2+12 1/2 December Shwe Gone Dine
45 12 Stories Building 12 1/2 Motherland Kyauktada
20 Strand Condominium 12 1/2 Golden Flower Latha
46 Orchid Condominium B(2)+22 Taw Win Alone
21 United Vision Tower 12 Shwe Mee Thee Shwe Bone Thar
47 DEC Tower (A) 27 MGW Bahan
Min Ga Lar Taung
22 Green Lake Condominium 2+12+P Yadanar Myaing Nyunt B+12+Open Peace Myanmar
48 PME Tower Alone
Shed Electric
23 3rd Street Condominium 12 1/2 Naing Group Lamadaw
49 30th street B+12+P Naing Group Pabedan
24 Lanmadaw Tower 12 1/2 Myanmar Top Power Latha
50 Sedona Extension B+30 Straits Green Field Yankin
25 United Tower 12 12 United Construction Bo Ta Htaung 15+Mezzanine Shwe Taung
51 Twin Centro Condo Sanchaung
Floor Development
26 MEI Business Tower 12 1/2 Fatherland Kyauktada
51 DEC Tower (A) 27 MGW Bahan
27 Uniteam Project 12 Lay Thi Sanchaung 52 B(2)+18 M &A Kamayut B(2)+18
LIST OF HIGHRISE BUILDING SUBMITTED TO CQHP(2013-2014)
SOURCE:COMITTEE FOR QUALITY CONTROL OF HIGH RISE BUILDING CONSTRUCTION PROJECTS
53 Kanbawza Tower(KBZ ) B(3)+16 1/2 Naing Group Sanchaung KER , Kabaraye Excecutive
78 Residence B(3)+29 Ever Seiko Ma Yan Gone
Mandalay Golden
54 Diamond Inya Palace R.C.C (35) Wing Ma Yan Gone 79 Time City B(3)+23 Crown Advanced Kamayut
Mandalay Golden Hoang Anh Gia Lai
55 Traders Square B(2)+20 Kyauktada 80 Five Star Hotel B(2)+24 Myanmar Set Mhu 1
Wing
56 Malikha Condominium R.C.C (12 1/2) Shwe Taung Thingankyaun 81 Daw Khin Khin (Owner) B+14 Aye Yeik Mon Alone
Development
57 DB Housing B+12 1/2 Shine Pabedan 82 313,Pyay Road Project 16 Myanmar Seilone Sanchaung

58 Hotel Alinker(Jasmine) B+21 Shine Sanchaung 83 KBZ Tower-Revised B(3)+16 1/2 Naing Group Sanchaung
Family Business 84 Naing Office Tower(1) B(2)+12,R.C.C Naing Group Sule
59 Yangon Garden Hotel B(2)+12 Group Tarmwe
4-Storey Podium Min Ga Lar Taung
60 Garden Park Hotel B(2)+27 - Mandalay 85 Shangri La Hotel +21 Shangri La Yangon Nyunt
Penthouse Capital
61 Ruby Hotel-1 R.C.C+21 Development Hlaing 86 Merchant Suite B+19 Naing Group Capital Bo Ta Htaung
Shwe Taung
62 Diamond Valley Rise 27 Aye'sFamily Bahan 87 Hill Top Vista B+14 Development Alone
63 AMC Tower B(3)+27,S.C Asia Metal Kamayut Chatrium Hotel
Shwe Taung Bogyoke Market & 88 Chatrium Hotel 13 Royal Lake Tarmwe
64 Junction City - Development lay har pyin yangon
65 Crown Condo B(2)+16,R.C.C Crown Advanced Alone 89 Condominium 18 Ta Kaung Bwar Hlaing
Hoang Anh Gia Lai R{33x9}buildings Golden Land Real
66 HAGL 27 Myanmar Set Mhu 1
90 Golden City O+S{30x1}buildings Estate Yankin
67 East Race Course(ERC) B(3)+20,R.C.C Naing Group Tarmwe H{4x1}Buildings Development
Pinya
Corner of Pansodan Manufacturing
68 Atrium Hotel B(2)+(13 1/2 ) Yadanar Myaing Upper &Bo Min 91 U Kyi Soe B(3)+28 Myanmar Bahan
Gaung road & Myanmar
Mayson Industries
69 Asia World Tower B(2)+32 Asia World Lamadaw
19+Basement, Shwe Taung
70
71
Junction Square
Paragon Residence
22+Basement
27
Development
Resources Group
Kamayut
Alone
Residential - 15 no.
72 Yankin , Sayansan 22
Mandalay Golden
Wing Yankin Condominium - 32 no.
Capital
73 Ruby -2 and Ruby -3 21 Development Hlaing
Hotel - 14 no.
74 Naing Office Tower(2) B(2)+12,R.C.C Naing Group Sule

75 9 Hotel B(2)+22
U Tin Win
(Owner) Alone R+Office Tower - 30 no.
Dragon Empire Const;(DEC- Mandalay Golden
76 Tower B) 21 Wing Bahan
Min Ga Lar Taung
High rise Bldg. 20 storeyed and above (53) nos.
30 storeyed and above (15)nos.
77 Kantharyar Consortium B(2)+27 Asia Myanmar Nyunt

Location Map of Residential and Commercial Building Development,

Yangon City Inner City Area
High rise Bldg. 20 storeyed and above (53) no.
INNER URBAN AREA
30 storeyed and above (15)no Sanchaung
Ahlone, KyiMyinDine
Kamayut
Tamwe
Yankin
Mingala Taung Nunt

Bahan
Mayangone

List of High Rise Building Submitted to the High-Rise Control and Monitoring Committee of YCDC
Residential Commercial Hotel
9 - 12 1/2 storeyed 16 - 3
Building List Approveded by Committee
13 - 32 storeyed 31 2 4
9 - 12 1/2 storeyed 1 - -
Building List on Going for Submitting to Committee
13 - 32 storeyed 3 - -
Building List , Change design for Resubmitting to 9 - 12 1/2 storeyed 17 - 1
Committee 13 - 32 storeyed 24 - -
Building List, To Reduce Levels Directed By 9 - 12 1/2 storeyed - - -
Committee 13 - 32 storeyed 6 - -
9 - 12 1/2 storeyed - - -
Building List, To Inspect From Committee
13 - 32 storeyed 8 - 2
Total 106 2 10
 Number of buildings permitted by Building Department
from 2011 to 2013 (YCDC)

2011 - 2013 8600 no. of Building Units

No. of Building (up to 8 storeyed) Issued for Permission (YCDC)
(2014-3months)
Housing Unit for 1st 3 months in Yangon - 4055+1500---- 5000 units
Estimated Yearly Production - 20000 units (apprx) (2014) (Private Sector)
Old Satellite Town and old suburban area are the most significant in housing Activities.
no of
no of
building Units Total
building Units Total Units
(6-8 ) Building
Mon storeyed <6 storeyed
th
2500
Jan(2014) 75 736 238 842 313 1578
Feb(2014
82 743 341 1298 423 2041
)
2000 March(20
14 171 64 265 78 436
14)
Total 171 1650 643 2405 814 4055
1500
Total Building
1000 Total Units

Mayangone
500
South Okkalapa
0 Thingangyun
Jan(2014)
Source: Feb(2014)
Building Department , March(2014)
YCDC Thaketa

FDI IN REAL ESTATE SECTOR

MYANMAR CITIZENS INVESTMENT BY SECTOR AS OF
(28/2/2014) Total P ermitted Enterprises
P articulars MYANMAR CITIZENS INVES TMENT BY
Sr.
No.
No. US$
Total
% S ECTOR AS OF (28/2/2014)
(Kyat)

1 Construction 60 423.51 733314.00 16.75 1600

1400
2 P ower 9 421.88 455383.76 10.40 1200
1000
3 Manufacturing * 644 1534.45 1210989.00 27.66 800
600
4 Others 33 578.97 520730.76 11.90 400 No.
Real Estate
200
5 35 176.33 148781.96 3.40 0
Development US$
6 Transport 24 450.35 399151.18 9.12
7 Liverstock & Fisheries * 61 102.93 26375.46 0.60
8 Mining 52 34.02 13007.92 0.30
9 Hotel and Tourism 40 334.81 568420.04 12.99
10 Industrial Estate 3 80.34 300712.79 6.87 Foreign Investment in real estate
Mar2011,Aug2013,Feb2014
11 Agriculture 5 2.23 547.90 0.01
2000
Total 966 4139.82 4377414.77 100

Foreign Investment of Existing Enterprises as of 1000

(28/2/2014)(BY SECTOR)
Existing Enterprises 0
Sr. Approved Mar(2011) August(2013) February(2014)
P articulars No. of P ercentage(
No. Amount (US$ in
Enterprises %)
million) Hotels & Tourism Other real Estate
1 P ower 7 19284.43 42.52
2 Oil and Gas 115 14372.272 31.69 FOREIGN INVESTIMENT OF EXISTING ENTERPRISES
3 Manufacturing 317 3736.29 8.24 AS OF (28/2/2014)
4 Mining 69 2862.424 6.31
5 Hotel and Tourism 51 1797.921 3.96 (BY SECTOR)
6 Real Estate 22 1229.150 2.71
400
7 Transport & Communication 18 1217.016 2.68
300
8 Livestock & Fisheries 28 365.974 0.81 200
100 No. of
9 Agriculture 13 203.02 0.45 0 Enterprises
Manufac

Livestoc

Other
Hotel
Real
Transpor

Agricult
Industria

Construc

10 Industrial Estate 3 193.113 0.43

Mining
Power

11 Other Services 15 54.39 0.12

12 Construction 2 37.767 0.08
Total 660 45353.78 100
 The Republic of the Union of Myanmar
Ministry of Construction

LAWS RELEVANT TO INVESTMENT IN BUILDING AND

HOUSING DEVELOPMENT

THE FOREIGN INVESTMENT LAW (THE PYIDAUNGSU HLUTTAW LAW NO

21/2012) 2nd November, 2012

MYANMAR INVESTMENT COMMISSION NOTIFICATION NO. 1/2013

Nay Pyi Taw (31st January, 2013)

Classification of Types of Economic Activities

List of Economic Activities under Prohibition

List of Economic Activities to be allowed only in the form of Joint Venture

with Myanmar Citizens

37

The Republic of the Union of Myanmar

Ministry of Construction

MYANMAR INVESTMENT COMMISSION NOTIFICATION NO. 1/2013

Nay Pyi Taw (31st January, 2013)

With the Recommendation of the Ministry of Construction

Establishment of international standard golf courses and resorts
Establishment, sales and lease of residential apartments / condominiums
Construction and sales of office / commercial buildings
Establishment, sales and lease of residential apartments in residential areas
connected to industrial zones
Establishment of affordable housing
List of Economic Activities Permitted with the recommendation of the Ministry
of Construction
Construction / renovation and lease of office / commercial buildings

38
 Principals
Share Contribution-
Local partner contributes land use right as equity
FDI contributes construction cost, technology and
marketing

Projects can be proposed to Myanmar Investment

Commission together with EIA/SIA through the process of
negotiation.

Joint Venture Company will be formed after receiving

investment permit of Myanmar Investment Commission.
Profit distribution : Dividend will be distributed as per share
ratio.

Investment Procedures for Foreign Developer in Myanmar

Land availability need to confirm first.

Promoter has to submit comprehensive proposal

together with Attorney General Offices comment
through DHSHD and Ministry of Construction according
to the Foreign Investment Law

Investment Proposal Appraisal

Team

Myanmar Investment
Commission (Permit Issued)

Signing JV agreement / BOT contract and Lease agreement

and commence the business.
 Future challenges and opportunities

To provide quality building and services for consumers who

has different affordability and taste is become crucial.
Reliability of developers for their planning, design, and
technology to secure environment and social impact
Capacity of constructors (engineers and technology)
Issues on Residential & Commercial land Requirement for
Future Development
Land Price and Speculation of Land
Planning and Legal Issues

The Republic of the Union of Myanmar

Ministry of Construction

THANK YOU FOR YOUR KIND ATTENTION!

42