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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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Japan: Stop Real Estate Project in Myanmar


Commercial Dealings with Abusive Military Undermines Rights
Activists demonstrate in front of the Ministry of Economy, Trade and Industry on June 18, 2021 in Tokyo, Japan. 
© 2021 Kazuki Oishi/Sipa USA
(Tokyo) – Japanese business entities should stop their participation in a commercial real estate project involving Myanmar’s abusive military, Human Rights Now, Human Rights Watch, Japan International Volunteer Center, Justice For Myanmar, and Mekong Watch said today. The proposed Y-Complex in Yangon is being constructed on land leased from the country’s armed forces, the Tatmadaw, whose long record of abuses has worsened since the February 1, 2021, military coup.
“The Japanese government and businesses failed to appropriately assess the risk associated with doing business in Myanmar,” said Ryutaro Ogawa, Vice Secretary General at Human Rights Now. “They should admit their own shortcomings and act responsibly, otherwis ....

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