C9 Hotelworks Logo Hospitality Consumlting

Ital-Thai's Failed Myanmar Venture

Author: Bill Barnett. Category: Real Estate. Posted: 14th Dec 2013

The cloud hanging over the head of Thai group Ital-Thai's massive infrastructure development in Dawei Myanmar, which has been pulled, has created a challenge for the overseas investment sector.

While the project was announced to much fanfare, the mega project has been unable to obtain financing.

As Myanmar's economy continues to seek broad market reforms the lack of liquidity and a capital market has muted what had been hoped as a fast track to cash in on positive sentiment.

It's unclear what will become of Ital-Thai's existing concession agreement with the government.

Talk to C9 today and fınd out how we can help you.

Telephone: +66 (0)76 325 345/6| Email:

Skype: C9Hotelworks, or go to our contact page.

Latest Book Releases from C9 Hotelworks' Bill Barnett

C9 Hotelworks Founder and Managing Director Bill Barnett is a noted columnist, author and leading authority on travel trend, hotels and property.

View all the books from C9

Contact Us

Telephone: +66 (0)76 325 345/6
Email:
Go to our contact page.