Samiksha Jaiswal (Editor)

IGE Group of Companies

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Type
  
Limited company

Headquarters
  
Yangon, Myanmar

Founded
  
1994 (1994)

Owner
  
Nay Aung Pyi Aung

Native name
  
အိုင်ဂျီအီး ကုမ္ပဏီအုပ်စု

Industry
  
Timber, Oil & Gas, Electricity, Banking, Hotels, Telecommunications, Construction

IGE Group of Companies (Burmese: အိုင်ဂျီအီး ကုမ္ပဏီအုပ်စု) is one of Myanmar's 5 largest conglomerates, possessing 8 subsidiaries that employ 3,000 people. IGE also possesses Myanmar's second largest timber trading company. It also exports Burmese rice. IGE Group of Companies was established in 1994 in Burma, and registered in Singapore in 2001. The company is also active in the country's oil and gas sector. In 2007, IGE earned over US$75 million in revenues. The company was previously subjected to economic sanctions by the United States government, because of its ties to the State Peace and Development Council, the former military junta.

It is owned by Nay Aung, the son of Aung Thaung, a politician and former military general.

Subsidiaries

  • Aung Yee Phyo Company
  • The Amara Hotel
  • Grand Amara Hotel
  • FCGC Co.,Ltd
  • Amara Communications
  • UNOG Trading
  • United National Oil & Gas Co., Ltd. (UNOG)
  • United Amara Bank
  • References

    IGE Group of Companies Wikipedia