Malaysian firm to build luxury housing in Rangoon

Malaysia-based Ho Hup Construction Co will collaborate with Burmese Zaygaba Co to construct a high-end housing development in Rangoon’s Mingalardon Park City, Malaysian daily The Star reported. Costing an estimated US$200 million,  the Mingala Garden City housing complex will have 190 units on 5,000 square feet of property. The Ho Hup company will own the development, while Zaygaba will profit from land rental fees, the report said.