Update construction progress – Lakeside Service Apartment (Myanmar) project in August 2020

At the end of August 2020, the Lakeside Service Apartment (Myanmar) project continued to be piled by INVESTCORP Myanmar and started excavation work, installed shoring system and cut bored pile heads. Currently, INVESTCORP Myanmar has completed 85% of the piling works and it is expected to be completed on September 10, 2020.

According to the project schedule in September 2020, INVESTCORP Myanmar will focus its workforce to speed up the excavation work and endeavor to complete 90% of the excavation volume, complete 100% of the installation of the shoring system, warning system and safety handrail. In addition, INVESTCORP Myanmar also speeded up all the preparation of materials and labor resources to start the construction of the underground structure according to each priority area to ensure the construction schedule of the next items of the project.

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