The Project comprises of a high density residential condominium development which includes one 16 storey tower, two 24 storey towers and one 33 storey tower with a total of 556 residential units with a total Gross Floor Area (GFA) of approximately 126,500 sq. m. The towers will contain a range of units from two to four bedrooms and the height of the towers will range from 52m to 102m with a hard cover/soft cover ratio of approximately 50/50. The development will include parking for 715 vehicles as well as two amenity buildings containing swimming pools, gymnasium, conference and spa facilities as well as extensive landscaping to external areas.

The EIA study was conducted in accordance with the requirements of the Environmental Impact Assessment Procedure and the Administrative Instruction for Environmental Impact Procedure prepared by Ministry of Natural Resources and Environmental Conservation (MONREC) and cognisant of guidance presented in:

• IFC Environmental, Health and Safety General Guidelines (April 30, 2007).

The environmental baseline survey focused on the most sensitive environmental receptors and included; the erection of four air quality and noise monitoring stations, the collection of soil, surface water and groundwater samples for analysis at an ISO 17025 accredited laboratory, traffic baseline surveys at key ingress/egress points and a Phase 1 Ecological Appraisal of the project site area. The study also included the development of a socio-economic profile of the project site area.

A Scoping Study was undertaken to identify the potential interactions between project activities and environmental and social receptors and to prioritise these in terms of their potential magnitude and significance. Significant impacts were taken forward for further detailed examination in the Impacts Evaluation Study. SLP Environmental prepared a detailed Environmental Management and Monitoring Plan (EMMP) to ensure that the identified potential significant adverse impacts to the natural environment and social receptors were appropriately mitigated. The EMMP included an environmental monitoring and auditing plan to scrutinise compliance with the Project’s EMMP requirements and Myanmar’s environmental quality guidelines.