It will work on a 25.7-hectare mixed use development.
A consortium led by Oxley Holdings Limited (Oxley) grabbed the preferred bidder status for the Yangon Central Railways Station Area Comprehensive Development Project.
According to an announcement, the award of contract will be completed through negotiations and legal arrangements.
The project will be a mixed development project comprising a new central transportation hub that integrates rail and mass transit. It will occupy 25.7 ha with an intended gross floor area of 1.09 million sqm.
The other companies in the consortium are Min Dharma Co., Ltd and Sino Great Wall Co., Ltd.
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