MTF is developing the Tada Oo Project through the Myanma Tourism Development Public Company. This is a new town development 30 minutes from Mandalay, the second largest commercial city in Myanmar. The project will feature areas for residential, commercial and serviced apartments, hotel development, condominiums, an entertainment zone and handicrafts village.
Project Profile of Development and Management of Tada U Area
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Specific Location:
- Myanmar, Mandalay Region, Tada U Township
- East Longitude 9554′ to 95·57′, North Longitude 21·47′ to 21·51′
- 32 miles (15km) to Tada U International Airport
- 10 miles (5km) to Ayeyarwaddy River Jetty (In Project Area)
- 72 miles (6km) to YGN-MDY Express Way
- 20 miles (31km) to Mandalay Railway Station
- 63 miles (170km) to Bagan (Ancient City)
- 0 mile (1.6km) to Tada U Town
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Objectives:
- Align with existing Mandalay Region National Development Plans
- Develop and implement in compliance with international standards
- Contribute to sustainable development of tourism industry
- To create job opportunities and generate income to improve living standards; develop professional and vocational skills for local people
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MIC Permit:
MTDC has MIC approval (Permit No.281/2020) to start Phase-1 on 484.39 acres. (With reference to Section 141 and Section 142 of the Myanmar Investment Rules, the construction/ maintenance period is extendible 2 times i.e 50% of the permitted period)
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Master Plan:
Modalities of Investment on the 1032.78 acres Master Plan approved by MIC:
Phase -1 ( 484.39 acres ), Phase -2 ( 336.12 acres ) and Phase -3 ( 212.27 acres ) includes investments on the following:
- SME Industrial Zone (Manufacturing, Labour Intensive Manufacturing, Wholesale, Retail, Service and others)
- Residential
- Office & Institution
- Commercial & Service (Market, Hotel, Restaurant, Bank, Transportation, Stores, Shopping Mall, Golf Course Estate
- Utility
- Recreation, Park & Open Space
- Roads/lanes
- Public Amenities (Technology Innovation Centre, Fire Station, Police Station, Housing Office, School, Hospital)
- Resettlement
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Beneficiaries:
- Job opportunities for young job seekers in formal and informal sector during and after development ( create 1000 or more jobs during construction period / 10,000 or more for multi purpose completed developed stage)
- Gender balance will be key consideration in opening up multi purpose sectors
- Local communities
- Internships and part time ( weekends / long holidays)
For more information please visit to official page www.facebook.com/mtdc