Benchmark Yangon Project Uses Phuket Firm
One of the leading hotel deals announced this year in Myanmar is the new luxury Kempinski.
Back of a joint venture with Thai firm Kanok Furniture and Decoration Company Limited the project HMA and credit facility agreements were done using the Phuket legal firm of Hughes Krupica.
Thailand's SCB Bank has provided a USD60 million project credit facility.
The hotel is located in a historic building on Strand Road and will house 239 rooms.