Organised by Sphere Exhibits, a subsidiary of Singapore Press Holdings (SPH), and coorganised by the Myanmar Construction Entrepreneurs Association (MCEA), BuildTech Yangon 2016 returns this year with an expanded focus, with some 120 exhibiting companies expected to showcase equipment, machinery and solutions on facilities management, interior finishing and architectural solutions. This is in addition to its array of staple exhibits from the construction machinery building materials and mechanical engineering segments.
U Tha Htay, President of Myanmar Construction Entrepreneurs Association (MCEA), said: “The 3rd edition of BuildTech Yangon 2016 is indeed timely, with the new Government preparing to take the reins to usher in a new era for the country. With the Government prioritising infrastructure development in support of the country’s burgeoning economic growth, the infrastructure construction in Myanmar is expected to achieve its fastest growth from the period 2012 to 2016.”
“The infrastructure construction sector is the second largest market in the Myanmar construction industry that is worth an estimated USD 765 million. The Government’s focus on improving infrastructure in Myanmar will see the major development of new roads, buildings, pipelines and electrical grids. At the same time, a sharp rise in foreign direct investment has seen a big growth in demand for new office spaces as well as housing for expatriates. There are many growth opportunities in Myanmar’s building and construction sector and BuildTech Yangon is proud to be part of this growth.”