Dagon Centre I, a 3 storey Shopping Mall first opened its doors in 2004, one of the first of its kind in Myanmar. A modest start as compare to other neighboring countries but a big leap in the Shopping business in Yangon, where most people still do their shopping in places like Bogyoke Market. With its strategic location, it has soon became a hot spot for Young shoppers and a good Family weekend place. Soon afterwards, more similar shopping mall started coming in but Dagon Centre remains to be one of the top, for it is strategically located in the highly dense middle income family residential area. The other advantage Dagon Centre I has is, its good functional layout with better decoration and wider walkways. With the high success and popularity of Dagon Centre Shopping Mall, Dagon International Ltd. decided to put up more shopping malls in the near vicinity. Dagon International jointly developed with Ministry of Information’s owned land next door to the existing Dagon Centre I to become our second mall in the Group. The Project was named Dagon Centre II and which was jointly developed with the agreement of 60:40 benefit sharing between Dagon Group and Ministry of Information, Myanmar Motion Picture Enterprise. 40% of the project cost was contributed by Ministry of Information with their owned land and other 60% of the project cost was contributed by Dagon Group.