PROJECT

Projects

Summary of Investment Information

Project Number

39505

Company Name

SANCTUM INLE RESORT CO., LTD.

Date SPI Disclosed

Apr 11, 2018

Country

Myanmar

Region

East Asia and the Pacific

Projected Board Date

May 31, 2018

Environmental Category

B - Limited

Status

Active

Last Updated Date

Aug 24, 2019

Department

Regional Industry - MAS Asia & Pac

Industry

Tourism, Retail and Property

Previous Events

Approved : Jul 18, 2018
Signed : Sep 14, 2018
Invested : Aug 15, 2019

Sector

Resort Hotel (Including Lodges)

Project Description

 Sanctum Inle Resort (the “Project”) is a 5-star hotel with 97 rooms in Inle Lake, Myanmar, owned and operated by Sanctum Inle Resort Co., Ltd. (the “Company”). The Project started operating in April 2016 and currently needs a long-term funding to optimize its balance sheet. 

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation