PRG eyes Myanmar and Philippines

KUALA LUMPUR (July 19): PRG Holdings Bhd is exploring business opportunities in Myanmar and the Philippines to expand the company's construction and real estate development operations.

PRG managing director Datuk Lua Choon Hann said the company's plans were still at preliminary stage.

"We are looking at affordable housing and infrastructure projects," he told reporters at a press conference here today.

Lua said it was a good time to enter Myanmar and the Philippines, as demand for affordable housing and infrastructure in these countries was strong.

"But if we were to enter, it will be in a small scale and with a cautious manner," he said. — theedgemarkets.com

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