Serving the Growth of Myanmar

Ayeyar Hinthar Holdings Group started in 2006 and was founded by Zaw Win Shein. He was born and raised in the Ayeyarwaddy Delta Region; Hinthada, which is Myanmar's main rice-producing region. At the age of 16, after his matriculation, Zaw Win Shein worked as an apprentice in his parents’ agricultural products and rice export business. He completed his first academic year in Chinese Major at the University of Foreign Languages, Yangon, Myanmar, at the age of 19.
In 2006, he founded the Seven Aluminium Company to supply construction materials, aluminium fabrication and installation works. At that time, Myanmar was short of construction materials and quality aluminium fabrication.
In 2007, in order to promote his family-owned business, Zaw Win Shein formed his first company, Ayeyar Hinthar Trading Co., Ltd, exporting high-quality rice and other agricultural products abroad. Thus, helping to increase and distribute domestic products.
The Government in 2007 introduced the open market system for rice export. This helped the growth of the export business through Ayeyar Hinthar Trading Co., Ltd. As a result, within 3 years, Ayeyar Hinthar Trading Co. was the top three exporters of rice in Myanmar.
Another trading company, Global Myanmar Trading Co. Ltd., was set up in 2009 to export other agricultural products such as sugar, beans and pulses from Myanmar.
In 2010, the Government transformed the Vegetable Oil Import Market into the Open Competitive Market for the import of palm oil which is the same as the open market system for rice export. With this change, the import business grew rapidly and became one of the top 3 importers for vegetable oil within a year.
Today, Ayeyar Hinthar Trading is the main exporter and importer for rice and palm oil. It is a leading company within Myanmar as well as in the region. The "Ayeyar" brand is well-known in the market for good quality, affordability and long-term sustainability agriculture products.
Under Zaw Win Shein’s leadership, he is committed to implement an all-inclusive economy. With this in mind, he has launched strategic investments in sectors which are of great importance for the rural and urban development of Myanmar.
Zaw Win Shein saw the need for healthcare services in Myanmar and established the Victoria Hospital in 2011, from the profit generated from the Rice Export, the Vegetable Oil Import and the Aluminium Business. His aim is to provide high quality healthcare services to the residents of Myanmar. Victoria Hospital is a leading private hospital in Myanmar's health care sector and is the first large private hospital to provide one-stop service for most medical treatments in accordance with international health care standards. His vision for the healthcare services provides a tremendous boost to the business growth.
To promote the rural and urban development in the Ayeyarwady Region, Zaw Win Shein developed the Pathein Industrial City in 2012 which is in line with international standards and is the first industrial capital and international port in Myanmar. It is being constructed on a 6,700-acre site. This development has contributed to the communities in the Region in terms of creating huge employment opportunities.
Zaw Win Shein saw the importance of linking the financial and banking sector to the urban and rural economic corridor. This led to the formation of the Ayeyarwaddy Farmers Development Bank, known as “A Bank”. It was founded in 2014 with the aim of providing financing services to farmers as well as small and medium enterprises.
‘A’ bank started as a regional bank to finance the agriculture sector in the Ayeyarwaddy region & beyond. Today, it has become one of the top ten leading banks in Myanmar.
With the growth of the Group’s business in the various industry sectors, it was timely to undertake a restructure exercise to consolidate them into a Holdings entity. At the end of year 2014, the holding company, Ayeyar Hinthar Holdings Co. Ltd, was incorporated.
Myanmar’s economy boomed in 2015 in terms of the inflow of foreign investments. Zaw Win Shein partnered with the Soil Build Group – a Mainboard-listed company on the Singapore Stock Exchange, for the development of high-end luxury residential condominium project in Yangon – Rose Hill Condominium Project.
Zaw Win Shein is one of the new generation of Myanmar business leaders, who is working with international partners to achieve social and economic impact through the adoption of new technologies and innovation.
In 2017, the Group launched the Y-Complex which is a mixed-use development project in Yangon’s prime area. This is a joint venture with Fujita Corporation, Tokyo Tatemono and Japan Oversea Investment Corporation (a Japanese Government entity).
The following year in 2018, Zaw Win Shein partnered with the Electricite De France (EDF) Energy from France, the Marubeni Corporation from Japan & the Ministry of Energy & Electricity for 671 MW Hydropower Project in Shan State – Shweli 3 project.
Ayeyarwaddy International Industrial Port Co. Ltd. was established in 2019 to develop the international port at Pathein Industrial City. This is to facilitate the export of Ayeyarwaddy region’s agricultural products to international buyers. The Project Designer for this port is Surbana Jurong, a Singapore company.
Zaw Win Shein’s contributions to Myanmar from the year he started in 2006 helped Ayeyar Hinthar Group earn the award of the top 10 tax payer recognition certificate. In fact, the Group has always been in the list of top 50 tax payers.