Zaw Win Shein
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Zaw Win Shein | |
|---|---|
ဇော်ဝင်းရှိန် | |
| Born | 15 November 1978 (age 47) |
| Occupation | Businessperson |
| Organization | Ayeyar Hinthar Holdings [1] |
| Spouse | Shwe Yin Mar |
| Parent | Thann Sein |
Zaw Win Shein (Burmese: ဇော်ဝင်းရှိန်; born 1978) is a Burmese businessperson, best known for founding Ayeyar Hinthar Holdings,[2][3][4][1]a major conglomerate operating in Myanmar's agriculture, import/export, construction, trading, healthcare and banking sectors in Myanmar.[5] He was the former owner of Ayeyawady United F.C.[6][7]
Zaw Win Shein was born on 15 November 1978 in Hinthada Township, Irrawaddy Division, Burma (now Ayeyarwady Region, Myanmar).[8]
Career
At the age of 16, after his matriculation, Zaw Win Shein worked as an apprentice in his parents' agricultural products and rice export business. His father is U Thann Sein.[citation needed]
At 19, he borrowed capital from his parents to establish Seven Aluminium Company [9] in 2006. In 2007, he founded Ayeyar Hinthar Trading Co., which exported rice and agricultural products, following government policy reforms. The company became one of Myanmar’s leading rice exporters, through the acquisition of lucrative licences via ties with the son of Tin Aung Myint Oo, a Burmese military general.[10] Subsequent market reforms also expanded its vegetable oil import business.[citation needed] Ayeyar Hinthar Group has been listed among Myanmar’s top taxpayers since 2006.[11]
Ayeyar Hinthar later diversified into healthcare with the founding of Victoria Hospital in 2011,[12] the Pathein Industrial Project in 2012,[13] and Ayeyarwady Farmers Development Bank (dba "A Bank") in 2014.[14] In the same year, Ayeyar Hinthar Holdings Co. Ltd. was incorporated as the group’s holding company.
In 2015, the group partnered with Singapore’s Soil Build Group on the Rose Hill Condominium Project.[15] In 2017, it launched the Y-Complex project in Yangon in partnership with Fujita Corporation, Tokyo Tatemono, and the Japan Overseas Infrastructure Investment Corporation for Transport & Urban Development (JOIN).[16]
In 2018, the group partnered with Électricité de France (EDF), Marubeni Corporation, and Myanmar’s Ministry of Energy and Electricity on the 671 MW Shweli 3 Hydropower Project in Shan State. [17] In 2019, Ayeyarwaddy International Industrial Port Co. Ltd. was established to facilitate agricultural exports.