Surbana International Consultants (Myanmar) has signed a MoU with the Myanmar Construction Entrepreneurs Association (MCEA) to be the Association’s lead technical consultant for low cost and affordable housing projects in Myanmar. The MoU was signed by Teo Eng Cheong, Chief Executive Officer International of Surbana Jurong Private Limited and Tha Htay, President of the MCEA.
The signing of the MoU between Surbana Jurong and and MCEA comes at an important time as the association works with the government to meet the demand for low cost and affordable housing and increasing home ownership in the country. The government’s five-year plan aims to deliver one million residential units by 2030. Surbana Jurong will assist MCEA in the development of a low cost and affordable housing prototype design that focuses on the three Cs: Community, Connectivity and Constructability. Surbana Jurong will assist MCEA by employing technology that minimizes construction time and cost without compromising on design, safety and functionality. The MoU with MCEA enhances Surbana Jurong’s extensive presence and success in Myanmar since its entry into the market four years ago. The company, with a track record of building more than one million affordable homes in Singapore, has grown from strength to strength with its acquisition of AETOS Holdings and SMEC Holdings in 2016. “Surbana Jurong has built cities and shaped lives for more than 50 years. We have participated in the evolution of affordable housing in different countries. Our experience allows us to offer engineering and design solutions specific to Myanmar’s changing needs. We are delighted that the partnership with MCEA allows us to continue to be part of the Myanmar growth story,” said Teo.