K2.925 bln earned from hotel projects this year

By Nyein Nyein

The Yangon region government earned K2.925 billion from the approved projects including hotel construction permits and guest house licences this early year, according to the Yangon’s Regional Tourism Committee. Yangon Region Tourism Committee has issued licences to three guesthouses with 102 rooms and construction permits to two hotels. The total capital for hotels and guesthouses is estimated at K2.925 billion, according to the regional tourism committee’s meeting 1/2021.
The regional committee held a videoconference on 19 January and Yangon Region Chief Minister U Phyo Min Thein, in his capacity as chair of the regional tourism committee, attended the meeting along with other committee members. Moreover, these businesses have created over 30 job opportunities for the residents, according to the Yangon’s Regional Tourism Committee.
At the meeting, they also coordinated matters regarding the systematic planning and implementation of the Yangon Regional Tourism Development Plan (2021-2025), carrying out of the tourism industry development during and after pandemic period in accord with Myanmar Tourism Strategic Recovery Roadmap (MTSRR) and enchanting Myanmar Health and Safety Protocol, proposal of regional government budget allocation and to take necessary measures for the revitalization of the region’s tourism industry. (Translated by Hay Mar)

Share this post


Hot News
Hot News