US-based construction firm Holloman Corporation and Myanmar’s Young Investment Group have both invested US$200 million to set up the Young Holloman Corporation in Myanmar, the firms announced.
U Thiha Aung, chairman of the Young Investment Group, said that the joint-venture will establish a cement-batching plant before investing further in construction and oil and gas.
Source: Times of Myanmar
Apr 10, 2014
US firm inks JV deal
US firm inks JV deal
2014-04-10T17:14:00+06:30
Evelin Petkov