Groundbreaking ceremony held for Yoma Central in Yangon
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Singapore
SINGAPORE-LISTED conglomerate Yoma Strategic Holdings and First Myanmar Investment (FMI) held a groundbreaking ceremony for their new development Yoma Central in downtown Yangon, Myanmar, on Thursday.
Announced in 2012, the collaborative project between Yoma Strategic, FMI and several other partners was stalled by red tape for several years. When completed, the integrated real estate development designed by prominent architect Cecil Balmond will comprise luxury residences, two office towers and a business hotel.
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