After numerous delays, Yoma Strategic Holdings broke ground on the “Landmark” mixed use development in downtown Yangon on February 16. Yoma’s head of real estate Mr Cyrus Pun spoke to Frontier about the project’s latest developments, the issues they faced in reaching this point and the company’s other major projects.
A “collateral-free” loan scheme for small and medium enterprises launched by the Myanmar government in 2014 looks functional on paper, but business owners say it is nearly impossible to access and does not provide enough money to be useful.
BY Frontier
