Yuzana Company
|
Native name
|
ယုဇနကုမ္ပဏီလီမိတက် |
|---|---|
| Industry | Conglomerate |
| Founded | 1994 |
| Founder | Htay Myint |
| Headquarters | Yangon, Myanmar |
|
Number of locations
|
Yuzana Centre, Shwegondaing Road, Bahan Township |
|
Key people
|
Htay Myint, Pu Kyi |
| Divisions | Yuzana Construction Yuzana Hotels |
| Website | www |
Yuzana Company Limited (Burmese: ယုဇနကုမ္ပဏီလီမိတက်) is a Burmese company involved in the construction, agriculture, hospitality, real estate and fishery industries.
Yuzana Company was established in 1994 by Htay Myint, a businessman with close ties to Khin Nyunt, a former Burmese prime minister and Than Shwe, the former head of the country's military junta. Yuzana began as a fisheries venture in Myeik (Mergui) in Southern Burma's Taninthayi Division. Yuzana Company also owns palm oil, sugarcane, teak, physic nut (Jatropha curcas), and rubber plantations.
Yuzana is one of Burma's largest producers of lahpet (pickled tea leaves), a national dish.
Yuzana is also one of four indigenous Burmese companies that harvests marine shrimps, in a 50 acres (20 ha) farm.
In 1994, Yuzana Company opened one of Burma's largest shopping centers, Yuzana Supermarket, in Rangoon. In 1997, it opened Yuzana Hotel, an 198 room hotel in Rangoon. In the 1990s, the company constructed Yuzana Garden City, a suburban housing development in Rangoon.
In 2007, Yuzana Company was awarded a build-operate-transfer government contract to redevelop the 120 miles (190 km) Stilwell Road, which linked northeast India and China during World War II and collect toll and tax fees for 30 years.
In November 2010, Yuzana Company opened a 20,000 square feet (1,900 m2) tapioca powder factory in Kachin State, near the company's plantations in the Hukawng Valley. The factory is reported to be the largest in Southeast Asia.
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Wikipedia