About Htoo group of companies
Htoo Group of Companies: A Leading Myanmar Holding Company
Htoo Group of Companies is a well-known holding company in Myanmar that was established in 1990. The company has made significant investments in various sectors of the country, including aviation, hospitality, real estate, agriculture, and trading. With over three decades of experience and expertise in these industries, Htoo Group has become a leading player in the Myanmar business landscape.
The company's founder and chairman is U Tay Za, who started his career as a trader before venturing into other businesses. He has been instrumental in the growth and success of Htoo Group over the years. Under his leadership, the company has expanded its operations across different regions of Myanmar and beyond.
Aviation
One of Htoo Group's most notable investments is its aviation business. The company owns Air Bagan, which was founded in 2004 as one of Myanmar's first private airlines. Air Bagan operates domestic flights to major cities such as Yangon, Mandalay, Bagan, Inle Lake and Ngapali Beach.
In addition to Air Bagan’s domestic routes within Myanmar; it also offers international flights to destinations such as Bangkok (Thailand), Singapore (Singapore) and Kunming (China). The airline operates with modern aircrafts like Airbus A320s & A321s for international routes while using ATR72-500 for domestic routes.
Hospitality
Htoo Group also invests heavily in hospitality industry with several hotels under its portfolio including Aureum Palace Hotels & Resorts which are located at some popular tourist destinations like Nay Pyi Taw , Inle Lake , Ngwe Saung Beach , Pyin Oo Lwin , Bagang . These hotels offer luxurious accommodations with world-class amenities that cater to both local and international tourists.
Real Estate
Another sector where Htoo group invests significantly is real estate development projects across different regions within Myanmar . They have developed several commercial and residential properties in Yangon, Nay Pyi Taw, Mandalay and other cities. The company's real estate projects are known for their quality construction, modern design, and strategic locations.
Agriculture
Htoo Group also has a strong presence in the agriculture sector with investments in rice mills, rubber plantations and other agricultural businesses. The company is committed to promoting sustainable agriculture practices that benefit local communities while also contributing to Myanmar's economic growth.
Trading
Finally, Htoo Group has a trading division that deals with various products such as consumer goods , construction materials , machinery & equipment etc . They have established partnerships with leading international brands to bring high-quality products to Myanmar consumers.
Conclusion
In conclusion, Htoo Group of Companies is a leading holding company in Myanmar that has made significant investments across different sectors of the economy. With its decades of experience and expertise in aviation, hospitality, real estate development projects , agriculture and trading; it has become one of the most respected companies within the country. The company’s commitment towards sustainable business practices along with its focus on quality products & services makes it an ideal partner for both local & international investors looking for opportunities within Myanmar market.