CMT’s 2nd MRES Reviews Myanmar's Real Estate Outlook: Prospects, Challenges and Opportunities

CMT’s 2nd MRES spotlights infrastructure developments, incentives for investments in special economic zones like Thilawa & Myothar Industrial Zone Park, the landscape of hotels and resorts in key tourist attractions like Mandalay – plus discussions on financing & commercial terms including guidelines on land ownership, and structuring joint venture partnership.

August 21, 2013 -- CMT’s 2nd MRES, being held in Yangon from the 30 Sep-01 Oct, 2013, hones in on pivotal issues, critical for investing in Myanmar’s real estate development and property sector.

Myanmar real estate sector is booming as investors respond positively to the country’s economic and political reforms. Burgeoning demand and new opportunities are attracting investments from around the world. The extent of this can be judged by the fact that Yangon enjoys the highest property prices in Southeast Asia. The explosion in tourism is also leading to acute shortage of hotels, residential buildings and mixed-use projects. Apart from new projects, old and existing properties are being refurbished and repositioned for generating incremental revenue.

New at this year’s edition is the spotlight on infrastructure developments, incentives for investments in special economic zones like Thilawa & Myothar Industrial Zone Park, the landscape of hotels and resorts in key tourist attractions like Mandalay – plus discussions on financing & commercial terms including guidelines on land ownership, and structuring joint venture partnership.

The summit opens with a welcome address by the Chairman of Htoo Group of Companies to be followed by a presentation on ‘Urbanization of Yangon City: Master-plan & Outlook’ by a Senior Official of the Yangon City Development Committee, then another address on ‘Mandalay as a Tourism & Industrial Hub’ by a Senior Official from Mandalay City Development Committee.

Among the industry expert speakers is Mr. Richard Leech, Executive Director (Retail Services) of CB Richard Ellis (Vietnam) Co. Ltd slated to deliver his topic an ‘Retail Sector – Futurescape in Myanmar’. Also on the speaker panel are Mr. Masaki Takahara, Executive Managing Director, Japan External Trade Organization (JETRO), with a presentation on ‘Infrastructure & Industrial Development: Thilawa Special Economic Zone’, as well as Colliers International Myanmar’s Managing Director, Mr. Tony Picon addressing ‘Service Apartment Landscape in Myanmar’.

Other featured speakers and panelists for the summit include:

• U Win Zaw, Director for Urban & Regional Planning, Ministry of Construction, Myanmar

• Dr . Thant Myint U, Chairman, Yangon Heritage Trust

• Ms. Karina Peng, Partner, Polastri Wint & Partners

• Mr. Cyrus Pun, Executive Director, Yoma Strategic Holdings Ltd.

• Mr. Han Kyi, Director, Creation Myanmar Co., Ltd.

• Mr. Bill Barnett, Managing Director, C9 Hotelworks Company Limited

• Dr . Sandar Htun, Deputy Managing Director, Shwe Taung Development Co., Ltd.

• Mr. Andrew Langdon, Senior Vice President (Hotels & Hospitality Group), Jones Lang LaSalle

• Mr. Victor Pang, Vice President Development (Asia), Accor Asia Pacific

• Mr. Frank Janmaat, Managing Director, Kaung Myanmar Association (KMA) Hotel

• Mr. Peter J. Crowhurst, Head of Asset Management (Real Estate), Yoma Strategic Holdings Ltd.

• Mr. Pierre-Jean Malgouyres, General Director, Archetype Group

• Mr. Sebastian Pawlita, Partner, Polastri Wint & Partners

The summit expects to draw regional and foreign Property investors & developers, Real estate analysts,

Construction & engineering firms, Consultants & brokerage firms, Hoteliers, Financiers & lenders, Banks & financial institution, Asset managers & fund managers, Real estate funds, REITs, hedge funds & private equity, Insurance firms, Law firms, Tax consultants, Industry regulators and many more.

Details of the summit can be viewed at http://www.cmtevents.com/aboutevent.aspx?ev=130941&pu=222512

Please contact Ms. Grace at Tel. 65 6346 9147 for enquiries.

One of the Speakers: Mr. Julien Esch

Business Development Manager for the International Building division of Bouygues Construction, one of the world leaders in the construction industry, Julien Esch is in charge of securing new building construction deals for the company in South East Asia, from India to Singapore, and Myanmar to Indonesia. Bouygues is acting is all 5 continents, with over 30 billion Euros turnover in 2012, and its operating in Singapore under its fully owned subsidiary Dragages Singapore, which has built some of the most prestigious projects in the country, such as the Fullerton Hotel or the Sail condominium at Marina Bay, and which is now leading the PPP consortium in charge to design, finance, built and operate the new National Stadium, the Singapore Sport Hub.

French national, with a master degree in Science, Julien started his carrier on construction site, as Mechanical & Electrical Engineer for the construction of the Budapest Arena, before moving to London to take the responsibility of the structural works for the main building of the new Home Office for the British government under a PPP scheme. He reached Asia in 2006 where he has been project manager for a large high end residential project in Bangkok, the MET, 3 towers of 70 stories developed by the Singaporean company HPL.

Julien has lead the Dragages team which secures its first project in Myanmar early April 2013, for the design and construction of 1042 residential units at Star City project, in Yangon, in partnership with SPA-PM. He is always actively looking at new construction building opportunities in the region.

Mr. Julien Esch, Business Development Manager
BYMA
Part 1: Design & Building Projects in Myanmar: Keys for a Successful Delivery in a Demanding Environment
Day 2 [Tue 01, October], at 01:30 PM
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