DagonKhan Posted September 20, 2014 Share Posted September 20, 2014 Illegitimate Chinese companies hog housing projects in Myanmar Majority of the housing and residential projects in Yangon, Mandalay and Muse have been dominated by illegitimate Chinese companies. “New Star Light Company which is currently operating 300-acre wide luxury complex in Muse and the company implementing Mingalar Mandalay housing project in Mandalay are of the same root. They are financially more powerful than Xiao Pan and Xiao San brothers [Chinese tycoons recently popular for trying to carry out the new town plan in prime lands of Yangon]. Likewise, Dagon City 1 and Golden City housing projects are run by Chinese,” said a local businessperson upon Myanmar Global Investment Forum. Continues here:- http://www.elevenmyanmar.com/index.php?option=com_content&view=article&id=7608:illegitimate-chinese-companies-hog-housing-projects-in-myanmar&catid=33:business&Itemid=356 Link to comment Share on other sites More sharing options...
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