YCDC to ac­cept Sule Square fine

The Myanmar Times - - Business - MYAT NYEIN AYE my­at­nyeinaye@mm­times.com

YAN­GON City De­vel­op­ment Com­mit­tee sent a for­mal let­ter to the devel­op­ers of the Sule Square com­mer­cial com­plex yes­ter­day, which will al­low pay­ment of a K2 bil­lion (US$1.6 mil­lion) fine levied for build­ing ad­di­tional floors with­out per­mis­sion.

YCDC said late last month that al­though ho­tel group Shangri-La was will­ing to pay, the com­mit­tee was wait­ing on ad­di­tional in­put from the Com­mit­tee for Qual­ity Con­trol of High-rise Build­ing Con­struc­tion Projects.

U Nay Win, deputy head of the De­part­ment of En­gi­neer­ing (Builidng), said the of­fi­cial let­ter al­low­ing pay­ment to be ac­cepted was sent to the de­vel­oper yes­ter­day. YCDC is still wait­ing for a rec­om­men­da­tion from the com­mit­tee for qual­ity con­trol, and once the rec­om­men­da­tion and the fine have been re­ceived YCDC will is­sue a build­ing com­ple­tion per­mit al­low­ing Sule Square to open for busi­ness.

As de­vel­oper of the com­mer­cial com­plex, Shangri-La is be­ing fined for build­ing two ad­di­tional storeys on an of­fice tower that were not in the de­sign ap­proved by the pre­vi­ous govern­ment.

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