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

In December 2020, INVESTCORP Myanmar completed all the excavation of the foundation framework and are now carrying out the construction of the work items at the basement. Reinforced concrete structures are also being implemented such as reinforced concrete for basement foundation framework and bottom slab combined with foundation framework. The water tank walls under the basement floor has been completed 100% of the volume. The processing and erection of formwork, reinforcement of the basement’s ground and the water tank’s slab are continuing to accelerate construction.

As planned in January 2021, INVESTCORP Myanmar will strive to complete 100% of the concrete work of the basement floor slab. The construction of basement walls and columns will begin on January 15, 2021. The waterproofing of the basement walls and sand filling continue to be implemented. The removal of the pile support system will also be carried out in order of priority of each area to meet the construction progress.

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