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Thiripyitsaya Hotel



Picked from New Light of Myanmar homepage:


Thiripyitsaya Hotel to become 220-room four star facility 

Yangon, 21 June-- Myanma Hotels and Tourism Services and Myanmar 
Thiripyitsaya Sakura Co Ltd of Exe Design Co Ltd of Japan today signed =
a 
contract to upgrade Thiripyitsaya Hotel to become a 220-room four star =

facility, with an address by Minister for Hotels and Tourism Lt-Gen Kyaw =

Ba. 

Because of its situation and Myanmar cultural designs, Thiripyitsaya 
Hotel is one of the best in Bagan, which is a famous tourist destination =

rich in ancient cultural heritage, he said. 

Under the contract, facilities of the 68-room hotel will be upgraded and =

a new 150-room hotel building will be built, he disclosed, adding the =

Japanese company has already been engaged in a modern housing complex =

project and an office plaza project in My anmar and the present project =

is its third enterprise here. 

Renovation of the current hotel will be completed within 12 months and =

the new hotel building will be built in 18 months. 

Two other contracts are being sign to build two international-level 
hotels in Bagan with foreign investment, he said, stressing the need to =

strive for early completion of their projects. 

Of the 150,000 visitors to Myanmar in fiscal 1995-96, 18,000 are 
Japanese, he disclosed, welcoming tourists to Visit Myanmar 1996. 

Chairman Mr H Hasegawa of Myanmar Thiripyitsaya Sakura Co Ltd, Managing =

Director Mr Hitoshi Tani and Japanese Ambassador Mr Yoichi Yamaguchi 
also spoke. 

Managing Director U Soe Thein of MHTS and Director U Tin Htay and Mr H =

Hasegawa and Mr Hitoshi Tani signed the contract. 

Secretary of Myanmar Investment Commission Minister at the Deputy Prime =

Minister=92s Office Brig-Gen Maung Maung presented the permit to Mr H =

Hasegawa. 

The ceremony at the Strand Hotel was also attended by Deputy Prime 
Ministers Vice-Admiral Maung Maung Khin and Lt-Gen Tin Tun, Minister for =

Mines Lt-Gen Kyaw Min, Minister at the Prime Minister=92s Office Brig-Gen=
 
Lun Maung, Deputy Minister for Foreign Af fairs U Nyunt Swe, Deputy 
Minister for Culture U Soe Nyunt, Deputy Minister for Hotels and Tourism =

Brig-Gen Tin Aye, ambassadors, officials, mediapersons and guests.---MNA =