Myanmar Investment Commission approved Max Myanmar Group to launch the construction of the five-star Novotel Hotel in Yangon under the citizenship investment law.
The five-star hotel, that is to be set
up on the 3.295-acre land in Kamayut Township, will be designed by
Singapore-based IIDA International Design Pte Ltd and Vietnam-based AA
Corporation will make its make interior design and decoration, according
to Max Myanmar.
The French based Accor Hospitality is to
handle the operation management of the hotel that will have a total of
366 rooms. The construction work of Novotel Hotel (Yangon) is expected
to be completed by December 2013, Max Myanmar said.
There are currently 5 five-star hotels
in Yangon Region. In the whole Myanmar, there are 21 foreign-investment
hotels, 4 foreign joint-venture hotels, 6 state-owned hotels and 803
private hotels, according to the reports of the Ministry of Hotel and
Tourism.
source: Eleven Myanmar
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