How a two-year-old Vietnamese startup in Myanmar is designing a project is nearly 4 billion USD in a competitive market in Myanmar.
GK Archi Myanmar, a startup in the field of building design in Myanmar market was established in 2013 in Myanmar in the form of a Myanmar company operating independently but starting from in Ho Chi Minh City, Vietnam. As one of the pioneering Vietnamese companies in the Myanmar market, GK Archi Myanmar has made a spectacular breakthrough from the dreamers into a company with the largest design area here after only 3 years of operation .
Skype Complex Project Phase 1
In the process of development, the company’s leaders acknowledge they have a lot of luck and fortune with this land. From the early days of market access, lack of experience but due to the general nature of the market has just opened. The Myanmar is very lack of consultants for large projects, so most of the experience of GK Archi in Vietnam market is very good promotion and create trust here.
Ms. Giang Le – CEO of GK Archi shared, “We are fortunate to catch the right time, make decisions quickly and create the foundation early here. If it starts only one or two years later, the market is very different and more difficult. ”
Skype Complex Project Phase 2
At the beginning, Myanmar has just moved from dictatorial regimes to democracy, the booming Myanmar construction market. Despite the many opportunities, GKA has invested a lot of time and faced difficulties when coming to this market.
Quite similar to the Vietnam market with the major projects are cooperated through personal relationships, introductory relations. It will be difficult to have much experience. So the prerequisite must be the sincerity, research effort and luck.
The timing and the luck of connecting members, who hold important positions in government, is also a great advantage of GK Archi.
In 2011, GK Archi started with many small-sized projects including 20-storey condominiums and about 20,000sq.m and many 4-star hotels and resorts.
Skype Complex Project Phase 3
By the end of 2013, with the accumulated experience and enthusiasm as well as luck presented by the Army, GK Archi overcame a lot of rivals from China, Singapore and Japan to get the project design credibility. Sky Complex in Thuwannna has a size of more than 100 hectares, invested nearly $ 4 billion with the investor group is derived from the Myanmar Army: STL Group. The group owns the Sky Net satellite television network, the National Highway Network and the SR and Urban Development Bank and a number of high-end real estate projects.
By the end of 2013, with the accumulated experience and enthusiasm as well as luck presented by the Army, GK Archi overcame a lot of rivals from China, Singapore and Japan to get the project design credibility. Sky Complex in Thuwannna has a size of more than 100 hectares, invested nearly $ 4 billion with the investor group is derived from the Myanmar Army: STL Group. The group owns the Sky Net satellite television network, the National Highway Network and the SR and Urban Development Bank and a number of high-end real estate projects.
A luxury gadget in the Skype Complex project
With the dedication and initiative as well as the enthusiasm of the international architects, GK Archi is highly appreciated by investors. The project was more successful when GK Archi introduced one experienced Vietnamese construction company and participated in bidding for this project is Hoa Binh.
The project is adjacent to the Bago River and is located south of Thuwanna Stadium, Yangon City.
The project includes the following items: 37 high-rise condominiums, trade centers, international conferences, hospitals and schools, high-class hotel systems.
At present, the project has been completed in three phases: 9 apartment blocks and completed construction phase 1.
A luxury gadget in the Skype Complex project
Architect Roberto Gil Ruiz (Architect of GK Archi) confided “The habits of living and the needs of people here is different from the market in Vietnam and Europe where I have a lot of experience. Especially in terms of the area actually devoted to the needs of Buddhist worship and retreat space. The layout of the kitchen space also has a different layout. The minimum area of approximately 1200 sqft is quite large. There is also a large project of Vietnamese investors here that has not been successful due to the application of the design without research and attention to local living habits.
With strong financial strength, STL Group and consulting firm expects the best solutions for the first urban area in Myanmar up to 4 billion USD.
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