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Soilbuild wins maiden contract in Myanmar

US$50.4m project to build condo comes after two years of providing project management services there

Published Tue, Jun 9, 2015 · 09:50 PM

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    Singapore

    AFTER about two years of observing the construction landscape from the sidelines in Yangon, Myanmar, Soilbuild Construction Group is finally ready to take the plunge on its first full-fledged construction project - to build a high-end luxury condominium in the city centre.

    It said on Tuesday that it has been awarded a design and build contract worth US$50.4 million to build Rosehill Residences, a 24-storey, 176-unit condo along Kabar Aye Pagoda Road, near the city's most famous Shwedagon Pagoda. The condo also has four levels of semi-basement. The project is scheduled to start in the third quarter of 2015, and will be completed in 40 months.

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