May 30, 2016

CANCELLED DEALS AND THEIR CONSEQUENCES

On May 12, the Lower House approved without objection a proposal to cancel a controversial US$70 million project to build a private hospital on government-owned land in downtown Yangon.
A consortium headed by Singapore-based Parkway Pantai, a subsidiary of Malaysian healthcare provider, IHH Healthcare, had begun work on the 250-bed Parkway Yangon Hospital on a 4.3 acre site at the corner of Bogyoke Aung San and Pyay roads in late January.
The move against the hospital in the Pyithu Hluttaw was launched on May 4 by National League for Democracy MP Dr San Shwe Win (Yegyi, Ayeryarwady) who had called for the long-term lease granted to the consortium for the build-operate-transfer project to be withdrawn. (Courtesy of frontiermyanmar.net)

No comments:

Post a Comment