Myanmar Dealbook: Thai Sahadharawat Co Ltd, Soibuild Group plan investments

Subscribe to our newsletter

Photo: Sahadharawat Co ltd.

Thailand’s metal packaging firm Sahadharawat will be investing $5.1 million for manufacturing metal cans in Myanmar. Also, Singapore’s leading property group Soibuild is setting up a plant at an investment of $13.9 million to produce steel products in the country.

Thailand’s Sahadharawat Co Ltd to invest $5.1m for metal cans plant

Sahadharawat Co ltd, a leading manufacturer of cans in Thailand, will invest $5.1 million for the production of metal packaging in Myanmar. The firm has received approval to set up a plant at the Thilawa Special Economic Zone in Yangon.

Sahadharawat Can (Myanmar) Co Ltd will be manufacturing and engaged in wholesale of metal packaging such as metal cans for food and chemical products.

Located in Samutparkan in Thaialnd, the company’s product ranges from metal packaging for paint and industrial chemicals to food products.

Soibuild Group to put $13.9 m for production of steel products

Soibuid Thilawa Co Ltd an entity under Soibuild Group, a leading property group from Singapore, has invested $13.9 million in setting up of a manufacturing and wholesale facility of steel products in Myanmar.

Pre-fabricated steel bars and other steel products will be  produced at the Thilawa Special Economic Zone.

Soibuild Group Holdings develops and manages residential and business property and its well-known works include The Mezzo and Meier suites in Singapore.

Soibuild is also associated to a luxury housing project, Rosehill Residences in Bagan townshi,p which is still under construction. The work is in partnership with Loi Hein, a leading beverage producer in Myanmar. Soibuild is also working on a high-storied project  on Sayarsan road, in Yangon.

Also Read:

Singapore’s Yoma and METRO join hands for wholesale distribution in Myanmar

Myanmar Dealbook: Australia based TYTC’s $16.29m project; Japan’s Yanmar and Mitsui &Co JV

Myanmar: Aktio to invest $7m; XL Catlin’s VC arm puts $4m in Stonestep