Surbana Jurong to develop affordable housing in Myanmar
Surbana Jurong has inked a Memorandum of Understanding with Myanmar’s building industry representative, the Myanmar Construction Entrepreneurs Association (MCEA) to develop low cost and affordable housing.
On Friday 3 March, CEO International (Singapore, Southeast Asia, North Asia) Teo Eng Cheong announced the new partnership with MCEA at a media event in the capital city Yangon.
SJ will assume the role of lead technical consultant to create a design that focuses on Community, Connectivity and Constructability. The design will offer Myanmar homeowners a community-focused living space integrated with facilities that encourage community interaction, and use advanced technology to cut down on building time and costs.
“Surbana Jurong has built cities and shaped lives for more than 50 years. We have participated in the evolution of affordable housing in different countries. Our experience allows us to offer engineering and design solutions specific to Myanmar’s changing needs. We are delighted that the partnership with MCEA allows us to continue to be part of the Myanmar growth story,” Mr Teo said.
Later that evening, SJ’s Myanmar team held its fourth annual clients’ night at Sule Shangri-la Hotel in Yangon. Almost 300 guests attended the event which was graced by His Excellency U Myint Thaung, Myanmar’s Minister of Planning and Finance, His Excellency Robert Chua, Singapore Ambassador to Myanmar and U Myint Naing, Deputy Director General, Myanmar’s Ministry of Construction who was representing the Minister of Construction. The theme for this year’s event was “Charting a New Journey” and SJ took the opportunity to reaffirm our commitment to Myanmar, celebrate new partnerships and introduce our expanded capabilities on infrastructure and security.
Lee Leong Seng, General Manager, Myanmar said, “We have 70 projects since we entered the market in 2013 and with Surbana Jurong’s expanded capabilities and strong partnerships forged, the team and I look forward to new opportunities in new and existing markets that will propel the Myanmar business to the next level.”
The celebratory event was a resounding success as guests including senior representatives from various government agencies, clients and partners were invited to view an exhibition, featuring SJ’s projects before being feted with a sumptuous dinner.
Click here to view the press release of the MoU signing ceremony.