Ownership Stake: 47.5%
Year Invested: FY 1994-1995
FMI Garden Development is responsible for the construction of FMI City, Myanmar’s first master-planned gated community. Situated on 465 acres, nine miles from downtown Yangon and just two miles from Yangon International Airport, the community comprises of over 2,000 properties that house more than 7,000 residents. The estate boasts its own sports and recreation centre, supermarket and food complex and a dedicated bus terminal. Within the estate, two new premium residential developments, Orchid Gardens and Fontana Gardens, have seen strong sales recently.
FMI Garden Development Ltd. is continuing to develop the Fontana Gardens Project and has already planned to sell dozens of new homes in the future. In addition, the company is working towards the implementation of new housing projects on the remaining vacant plots within FMI City.