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Myanmar Crackdown on Business Escalates, 16 More Executives Jailed

Myanmar Crackdown on Business Escalates, 16 More Executives Jailed
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Pressure mounts on Okura Prestige

TOKYO 16 July 2021: Japanese business entities should stop participation in a commercial real estate project involving Myanmar’s military junta, Human Rights Now, Human Rights Watch, Japan International Volunteer Center, Justice For Myanmar, and Mekong Watch stated in a joint release on Thursday. They are targeting Yangon’s Y-Complex, where a 399-room Okura Prestige Yangon is due to open in  2022. Justice for Myanmar alleges that foreign investment is involved in the construction and management of the Y-Complex project that funds land lease fees to the country’s armed forces known as the ‘Tatmadaw’. One participating company, Tokyo Tatemono, stated that they

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