Kanbawza group, Myanmar’s private
company group specialising in a wide range of business such as banking
and agriculture, has set up a new office at Strand Road, Kyauktada
Township, according to sources from the group.
Kanbawza has the official permission to
rent a six-storyed office building on long-lease term, but it remains
unclear whether the group will turn it into the Kanbawza Bank’s head
office, a spokesperson from Kanbawza Bank said.
The mega business group from Myanmar is
expanding their business and office buildings and Kanbawza is
constructing a new building next to their head office, according to
spokespersons of the bank.
The Myanmar government has taken steps
to privatise government-owned buildings since the end of 2008, and most
big corporations and top company groups have made a success of
tendering.
Kanbawza’s new office was formerly used by government sectors, such as the Civil Service Selection and Training Board.
source: Eleven Myanmar
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