BANGKOK -- Seventeen months after the military seized power in Myanmar, many real estate development projects in the country, once viewed as having great growth potential by foreign investors, stand incomplete. Until the dark cloud over the economic future of the Southeast Asian nation clears, these projects are unlikely to be restarted.
Myanmar Crisis
Myanmar building projects worth $1.3bn frozen since army took power
Double whammy of political instability and COVID leave developers out-of-pocket
A complex of four buildings called "Yoma Central" near Yangon Central railway station, is under construction on July 22. Before the change in government, work on the site was frenetic, but there are no workers there now.
Read Next
Latest on Myanmar Crisis
