Shifting Real Estate Scenario, Opportunities & Policy Guidelines Reviewed at Myanmar Real Estate Summit

Yangon, Myanmar (PRWEB) October 09, 2012

The upcoming SEA games and the burgeoning tourist industry have resulted in foreigners flocking into Myanmar. The Nation recently reported officials saying that the 1,670 new hotel rooms which will become available in Yangon next year will not be enough to meet an expected surge in demand. All thanks to investors rushing into Myanmar seeking business opportunities, in response to the nation’s sweeping policy reforms. Myanmar Real Estate Summit 2012 on 19-20 November in Yangon is dedicated to addressing investment opportunities and challenges in the real estate sector.

His Excellency U Htay Aung, Minister of Hotels and Tourism will officially open the summit with a keynote address ‘Master-plan for the Hotel & Tourism Sector’. This will be followed by a paper on ‘Urban Development Plan for Yangon’ from U. Win Zaw, Director for Urban & Regional Planning Division, Dept of Human Settlement & Housing Development (DHSHD). Additionally, U. Than Myint, Chairman, Committee for Quality Control of High-rise Building Projects, will elaborate on ‘Myanmar National Building Code Development and Construction Guidelines for High-rise Buildings’.

Among the industry expert speakers is Mr. Cyrus Pun, Executive Director of Yoma Strategic Holdings invited to will deliver his topic an ‘Outlook on Real Estate in Myanmar from a Developer’s Perspective’. Also on the speaker panel are Mr. Kenneth Gaw, GAW Capital’s President & Managing Principal with a session on ‘Repositioning and Refurbishment Projects in Myanmar’, as well as Capital 8 Group’s CEO, Mr. Jonathan Kyaw Thaung addressing topic on ‘Mixed-Use Development in Myanmar: From Retail Malls to Service Apartments’.

Efforts are underway to create a favorable investment climate for investors. The high priority towards infrastructural development projects present vast opportunities that businesses should seize.

In view of the potential investment opportunities, the summit expects to draw regional and foreign property investors, developers, hoteliers, financiers, tax consultants, construction & engineering firms, contractors, and construction materials suppliers to participate and gather vital knowledge from sessions covering;

•     Land Rights for Foreign Investment in Myanmar

Ms. Cheah Swee Gim, Director and Foreign Consulting Attorney
Kelvin Chia Yangon Ltd

•     Panel Discussion: Approaching Land Matters in Myanmar

Panelists:
Mr. Christian Oram, Director
E & O Capital Management
    Mr. Cyrus Pun, Executive Director
Yoma Strategic Holdings Ltd.

•     Tax and Legal Structuring of Real Estate and Hospitality Investments

Mr. Edwin Vanderbruggen, Partner
VDB Loi

•     Institutional Property Investment for Myanmar

Mr. Alexis de Mecquenem, Director
Cube Capital HK Limited

•     Panel Discussion: Capital Raising Vehicles and Cash Flow Management for Property Investments in Myanmar

Panelists:
Mr. Kenneth Stevens, Managing Partner
Leopard Capital Cambodia

Details of the summit to be held at PARKROYAL Yangon can be viewed at http://www.cmtevents.com/aboutevent.aspx?ev=121133 . Please contact Ms. Grace at Tel. 65 6346 9147 for enquiries.