The Myanmar Economic Corporation (Burmese: မြန်မာ့စီးပွားရေး ကော်ပိုရေးရှင်း; abbreviated MEC) is one of the two major conglomerates and holding companies operated by the Burmese military, the other being the Myanma Economic Holdings Limited. The U.S. Treasury Dept. reports that MEC "is a holding company with businesses in the mining, manufacturing, and telecommunications sectors, as well as companies that supply natural resources to the military, and operate factories producing goods for use by the military."[1][2] As of August 2022, Nyo Saw is the chairman of MEC.[3]
Founded in 1997 by Lt General Tin Hla to establish profitable heavy industries that can provide the Burmese military access to supplies of important materials (e.g. cement and rubber), MEC's operations are shrouded in secrecy.[4] Revenues generated from MEC have strengthened the Burmese military's autonomy from civilian oversight, and has contributed to the military's financial operations in "a wide array of international human rights and humanitarian law violations."[5]
^Nunley, Christian: "U.S. sanctions companies that back Myanmar military following coup," March 25, 2021, updated March 26, 2021, CNBC, retrieved March 29, 2021
^"Treasury Sanctions Military Holding Companies in Burma," March 25, 2021, U.S. Department of the Treasury, retrieved March 29, 2021
^"Myanmar Military's Business Supremo in Spotlight". The Irrawaddy. 2022-08-17. Retrieved 2023-01-27.
^"Myanmar: The Politics of Economic Reform" (PDF). Asia Report (231). International Crisis Group. 27 July 2012. Archived from the original (PDF) on 2 September 2012. Retrieved 3 October 2012.
^Cite error: The named reference :0 was invoked but never defined (see the help page).
and 23 Related for: Myanmar Economic Corporation information
The MyanmarEconomicCorporation (Burmese: မြန်မာ့စီးပွားရေး ကော်ပိုရေးရှင်း; abbreviated MEC) is one of the two major conglomerates and holding companies...
in Myanmar. NUS Press. Doing Business with Burma: Report. U.S. Department of Commerce. 1962. Steinberg, David I. (2001). Burma: The State of Myanmar. Georgetown...
in Burmese) is one of two major conglomerates run by the Burmese military (through the Ministry of Defence), the other being the MyanmarEconomic Corporation...
Saw is a Burmese military officer and chairman of the MyanmarEconomicCorporation (MEC), one of two major conglomerates owned by the Burmese military...
Company, which is owned by the Burmese military's MyanmarEconomicCorporation (MEC), and the remaining 23% owned by Myanmar National Telecom Holding Public...
(2005). Economic Development of Myanmar. Singapore: Inst. of Southeast Asian Studies. ISBN 978-9812302113. "Myanmar. States & Regions". Myanmar's NET. Archived...
military of Myanmar (formerly Burma). It is administered by the Ministry of Defence and composed of the Myanmar Army, the Myanmar Navy and the Myanmar Air Force...
administration of the country and MyanmarEconomicCorporation which is the largest economiccorporation in Myanmar. Under the 2008 Constitution the legislative...
offshore of Downtown Yangon. List of airlines of Myanmar List of banks in Myanmar "Burma (Myanmar)". World Economic Outlook Database. International Monetary Fund...
Beverages Company Ltd, a joint venture between MyanmarEconomicCorporation, Bermuda's Brew Invest and Myanmar Golden Star (MGS), was established in 1998...
Limited (Burmese: အင်းဝဘဏ်လီမိတက်) is a private commercial bank in Burma (Myanmar). Innwa Bank was founded by the MyanmarEconomicCorporation (MEC) in...
retail co-operative MEC Canada, its successor MyanmarEconomicCorporation, a Burmese military-owned corporation Manufacturing Engineering Centre, Cardiff...
PTT's partnership with the Burmese military. PTT also operates a joint venture with the military-owned MyanmarEconomicCorporation (MEC), paying rent to MEC...
financed by the China National Petroleum Corporation which built two pipelines for natural gas and oil. The Myanmar press reported on the signing of an agreement...
the list of banks in Myanmar. There are a total of 31 local banks and 13 foreign branched banks in Myanmar. Central Bank of Myanmar Myanma Agricultural...
2017 with the Rohingya genocide and due to the 2021 Myanmar coup d'état. Myanmar (also known as Burma) has generally maintained warmer relations with near...
Myanma Airways have been made as a joint venture airline, Myanmar Airways International (MAI). Myanmar National Airlines is the majority shareholder of Joint...
which is closely linked with the Myanmar EconomicCorporation, a military-owned conglomerate. Since the 2021 Myanmar coup d'etat, Sky One has expanded its...
the Yangon Region and the largest city of Myanmar (also known as Burma). Yangon served as the capital of Myanmar until 2006, when the military government...
Myanmar Times. Retrieved 1 July 2015. Ko Ko Aung; Htin Linn Aung (29 April 2015). "Eight companies set to begin operations in Thilawa SEZ". Myanmar Times...
China's Yunnan province through Myanmar. India–Myanmar–Thailand Trilateral Highway, also known as the East-West Economic Corridor, is a 3,200 km (2,000 mi)...
Global Information