Wednesday, December 19, 2012

Royal Hi- Tech awarded major construction projects in Mandalay

Wednesday, 19 December 2012 00:00 Khin Myo Thwe

Burma’s Directorate of Investment & Company Administration (DICA) has announced that the Royal Hi-Tech Group has been awarded contracts to undertake two major construction projects in Mandalay Division.

“Royal Hi-Tech received permission to build the 10,000-acre Myothar Industrial Zone Park,” said a spokesperson from the Department, which falls under the authority of the Ministry of National Planning & Economic Development.

It was also confirmed that Royal Hi-Tech will build a jetty covering 380 acres at Si Mee Khone on the Irrawaddy quayside, and will also be contracted to conduct port loading services.

Royal Hi-Tech began business as a furniture factory. It is now involved in various enterprises including heading the AAA cement factory and radio broadcasting. The company is owned by businessman Aung Win Khine.

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