Singapore remains the largest
foreign investor in high-rise buildings of Yangon, Than Myint,
chairperson of the Committee for Quality Control of High-rise Building
Projects Construction (CQHP) said.
Construction of high-rise buildings in
Yangon has slowed down since mid-2012, but more are now underway with
foreign investment, and most of the project designs come from Singapore.
“Singapore drew the design with their
styles and mostly they didn’t plan the earthquake resistance in
buildings. We are checking intensively for that,” Than Myint said.
Local construction companies used to
build 12-and-16-story building. Now they have submitted the proposals
for 25 stories, 30 stories and 35 stories buildings because of the
transparency in business scope and foreign investment, according to
sources.
The construction companies built only
12-and-16-story buildings in Yangon. Yangon City Development Council is
the one that supervises and ensures that the construction of the
buildings agree with city plan. The CQHP checks only the project
designs, Than Myint added.
The CQHP will have to check the projects
of local construction companies and high-rise building projects with
foreign investment.
source: Eleven Myanmar
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