On 7 February 2020, Berjaya Land Berhad, through its subsidiary, BDS Smart City Company Limited
signed a concession agreement with Yangon Region Government for BDS Smart City, a mixed
development
project in Yangon.
BDS Smart City will comprise affordable housing, high and mid-end condominiums, a commercial
units and
institutional facilities. The project will be built on 183 acres of land located at the corner
of Shwe
Li Road and Mya Nandar Road in the "Dagon Mvohit Seikkan" township, located approximately 16km
from
Yangon City. Divided into 12 parcels, the development has a Gross Development Value of US$746mil
(RM3.05bil).
Dato' Sri Robin Tan, CEO of Berjaya Corporation Berhad exchanging documents with H.E. U Phyo Min Thein, Chief Minister of Yangon Region while Syed Ali, CEO of Berjaya Land Berhad (2nd from right) looks on.