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Myanmar Workers at International Joint-Venture Construction Site Strike for Unpaid Wages
Construction workers at the Yoma Central projects hold protest for unpaid wages and social-security allowances. / Hein Htet / The Irrawaddy
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By Zaw Zaw Htwe 19 January 2021
Yangon – Hundreds of construction workers at the Yoma Central development projects are on strike, blocking a major Yangon road over late payment of wages and unpaid social-security allowances.
In 2015 Singapore-listed Yoma Strategic Holdings Limited, headed by Serge Pun, received approval from the Myanmar Investment Commission for the redevelopment of a four-hectare site on Bogyoke Aung San Road, including restoring the 1877 Burma Railways Headquarters.
In 2017 the firm signed an agreement with two global construction companies to build two integrated housing developments, Yoma Central and the Peninsula Yangon, including turning the rail headquarters into a luxury hotel. The budget for the two projects is about U