Saturday 22 September
Powered by Ajaxy
Mar 19, 2018 @ 23:30

Revolution Precrafted enters Myanmar property market


Revolution Precrafted Properties Philippines Inc. has firmed up a $1.2 billion deal to manufacture and supply prefabricated homes for Myanmar’s KT Group.

The transaction gives Revolution Precrafted a significant foothold in Myanmar’s real estate narket.

“We believe these mid-market prefabricated homew will appeal to a significant chunj of the Myanmar population. Myanmar is an emerging economy with 53 million people.

We want to take advantage of this sizable market and make it a cornerstone of our regional expansion,” said Revolution Precrafted founder and CEO Robbie Antonio.

Prefabricated homes will be built for KT Group’s Okkyin mixed-use project which costs at least $350 million.

Robbie, the son of Century Propertie founder and chairman Jose E.B. Antonio, is the youngest among Forbes Philippines 50 wealthiest last year.

Tags: , , , , , ,

Related Stories
Revolution Precrafted Inc., a unicorn startup that builds prefabricated properties, is on a roll.
De Venecia-led Basic Energy Corp. has sealed a deal to take up a 15 percent
Aboitiz Power Corp. Is considering expanding in Indonesia and Myanmar to improve its revenue stream.
The Land Transportation Franchising and Regulatory Board (LTFRB) said it would impound vehicles operating under


Trending News

Recommended on sister sites

Copyright © 2018 Bilyonaryo - Latest news on the richest Filipinos and Family Business.