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Economy

Mitsubishi consortium to build Yangon complex

A graphic image of a new commercial complex in central Yangon.

TOKYO -- A Japanese consortium that includes developer Mitsubishi Estate and trading company Mitsubishi Corp. will build a commercial complex in Yangon in partnership with local developers.

The project, in a country often referred to as Asia's last frontier, includes two office buildings, condominiums and a hotel and services unit on a 4-hectare site in the heart of Myanmar's commercial capital. The site is right across from Yangon Central Railway Station.

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