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How to Lease, Renovate and Finance a Myanmar Hotel Project

Desmond Hughes has had an article on his experience as lead advisor in relation to his client, Khun Supalak Foong of Kanok Furniture and Decoration Co. Ltd – a long established and successful furniture and hotel renovation business, investing into the prestigious State House building in Yangon Myanmar to renovate the building in conjunction with the well known luxury hotel operator – Kempinski.

Desmond discussed in Part 1 of this 2 part series, the initial structuring phases and offers some tips on key considerations from business partner selection; balancing interest and skills between partners; dealing with regulatory issues with a positive persistent approach.

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