IGE Sin Phyu Shin Co., Ltd. (IGE SPS)
IGE-Sin Phyu Shin Co., Ltd. (IGE SPS) was established in 2013 and serves as a shareholder in the joint venture Daewoo Amara Co., Ltd. alongside Daewoo Global Development. Daewoo Amara Co., Ltd. is currently developing the Daewoo Amara Hotel Project, located on the iconic Inya Lake in the heart of Myanmar’s commercial capital, Yangon.
Spanning two towers, the Daewoo Amara Hotel Project includes the luxury, five-star Lotte Hotel and a tower of serviced apartments. The Lotte Hotel will have 15 floors with 346 rooms and offer a convention hall, indoor and outdoor pools, Korean and Chinese restaurants, and a club lounge. The serviced apartments tower will provide 29 floors with 315 rooms. Projected to be one of Myanmar’s largest hotel complex, the Daewoo Amara Hotel Project is scheduled for completion in 2017.