France’s Bouygues Construction has won a second major residential scheme in Myanmar.
Property group Thanlyin Estate Development chose Bouygues subsidiary Dragages Singapore and SPA Project Management to design and build the next phase of Star City, a large residential complex in the suburbs of Yangon, the country’s capital.
The contract, worth a total of $125m, of which Bouygues’ share is approximately $68.6m, covers the design and construction of six residential buildings with a total of 956 apartments.Â
Four towers will be 82m tall (25 storeys), and the other two will be 91m.
The contract also includes the construction of a two-storey car park along with a local community building and the development of green spaces, a swimming-pool and a leisure activity area.Â
Work is now getting under way, Bouygues said, and will last approximately three years.
Dragages Singapore and SPA Project Management built the first phase of Star City, consisting of five residential buildings now at the completion stage.
Bouygues said the new contract illustrates the company’s "dynamic growth" in the Asia-Pacific region, with projects in Hong Kong, Singapore, Thailand, Australia, South Korea and Vietnam.
Those projects include a stretch of the bridge between Hong Kong, Zhuhai and Macao, the MahaNakhon tower, the tallest skyscraper in Thailand, and a new motorway link in Sydney, Australia.
Photograph: Artist’s rendition of phase two of Star City in Yangon, comprising six residential buildings with a total of 956 apartments (Bouygues Construction)
