What Shwe Taung does

Shwe Taung is a privately-held Myanmar conglomerate headquartered in Yangon, founded in 1990 (with roots in a 1970 trading house), operating six vertically integrated business divisions: Building Materials (Apache Cement with 2 million metric tonnes per annum capacity, and High Tech Concrete — Myanmar's first ISO 9001:2000 certified ready-mixed concrete producer, manufacturing over 500,000 cubic metres per annum), Engineering & Construction (roads, bridges, hydropower, railways, flyovers, geotechnical works), Real Estate (Junction Centres, Junction City, Dagon Seikkan Smart District, residential developments totalling 15,000+ units), Infrastructure Investments (52 MW Balu Chaung No.3 hydropower IPP, 60 MW under development, 262 km toll road concessions including the 188 km Sagaing Highway), Distribution (BMW, Liebherr, CLAAS, KONE, Sania brands; 15 petroleum stations serving 3,000+ businesses), and Lifestyle (J Cineplex, Padamyar FM, BreadTalk, FoodStreat, Eskala Hotels, Pan Pacific Yangon).

The company is led by founder/Chairman Aik Htun, Group CEO Aung Zaw Naing, and co-founders Ye Myint and Aung Than, with family ownership across all six divisions. Its technology stack centres on heavy industrial processes — roller-compacted concrete (RCC) for the 790 MW Yeywa dam (the largest RCC dam in Myanmar, where Shwe Taung's HTC was the sole concrete supplier), tunnel construction, press/bore piling, ISO-certified cement production, and green building solutions (solar panels, reusable water systems). Total headcount stands at approximately 7,019 employees (2019), split across 2,196 female and 4,823 male staff, with 893 engineers and operations spanning Mandalay, Nay Pyi Taw, Ngwe Saung, Sagaing, and Loikaw.

Revenue mechanics span enterprise/government sales for tendered infrastructure projects, recurring revenue from hydropower and toll road concessions, real estate development sales and asset management fees, hardware/distribution sales of imported vehicles and machinery, B2C retail through Junction Centres (2M+ monthly shoppers), and consumer fees from cinema, F&B, radio, and hospitality. Strategic capital partners include IFC (USD 15M equity + USD 20M loan for cement expansion), Nippon Life (35% stake in Grand Guardian Life Insurance), Tokio Marine, Keppel Land (Junction City Phase 2 JV), OCBC Bank (Myanmar's first green loan), and AEON Mall (shopping mall JV, 2020).

Name

Shwe Taung

Legal name

Shwe Taung Development Co., Ltd.

Website

https://shwetaunggroup.com

Company type

Private

Founded year

1990

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Shwe Taung is a privately-held Myanmar conglomerate operating six vertically integrated divisions — building materials, engineering and construction, infrastructure investments, real estate, distribution, and lifestyle — serving government, enterprise, and consumer markets across Myanmar with 7,000+ employees.

Ownership category

akta.pro rank

Headquarters

HQ city

Yangon

HQ country

Myanmar (Burma)

HQ region

Asia

Offices9 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Supply Chain, Technology or R&D, Marketing or Sales

Revenue model

1. Building Materials Manufacturing & Sales: Manufacturing and supply of cement (Apache Cement brand) and concrete (High Tech Concrete) products for the construction industry. Over 500,000 cubic metres of concrete manufactured per annum. Capacity for 2 million metric tonnes per annum of cement production. One of the first pre-cast manufacturers in Myanmar.
2. Engineering & Construction Services: Delivers landmark public and private sector construction projects including residential, commercial, retail, industrial and infrastructure projects. Over 200 building and construction projects completed. 700+ km of roads constructed. 50+ bridges built. Railway construction projects.
3. Real Estate Development & Property Management: Develops integrated developments, township developments, industrial parks, shopping centres, residences and offices. Manages over 7 million square feet of office, retail and residential real estate. Junction City is a 2.6 million sq ft integrated development. Asset management and property management services.
4. Infrastructure Investments: Long-term infrastructure investments including 52 MW Balu Chaung No.3 Hydropower Station (IPP investment), 60 MW under development, and 262 km toll road concessions including 188 km Sagaing Highway connecting 3 cities in upper Myanmar.
5. Distribution of Machinery, Vehicles & Petroleum: Distributes world-leading international brands (BMW, Liebherr, CLAAS, KONE, Sania) for machinery and vehicles. Operates 15 international standard petroleum stations across Myanmar. Logistics and trading businesses. Professional operation and maintenance services for vehicles and machines.
6. Lifestyle Entertainment & Hospitality: Entertainment operations including J Cineplex (22 screens in 8 cinemas, 1 million+ moviegoers), Padamyar FM (16+ million listeners across 17 relay stations), BreadTalk (6 outlets), FoodStreat, Kids' enrichment, and hospitality (Eskala Hotels & Resorts, Pan Pacific Yangon).

Pricing tiers

Go-to-market motion3 records

Distribution channels6 records

Marketing channels8 records

Core offering

Shwe Taung Group is a vertically integrated Myanmar conglomerate that manufactures and supplies building materials (cement, ready-mixed concrete), delivers engineering and construction services (hydropower, roads, bridges, railways, geotechnical works), develops and manages real estate (integrated developments, shopping centres, residential townships), invests in infrastructure assets (hydropower, toll roads), distributes international brands for machinery and vehicles, and operates lifestyle businesses (hotels, cinemas, F&B, radio, insurance, co-working). It operates across six business divisions with more than 7,000 employees and holds market-leading positions in concrete, cement, and shopping centre ownership in Myanmar.

Product overview

Shwe Taung Group is a diversified conglomerate operating six business divisions: Building Materials (Apache Cement, HTC Concrete), Distribution (machinery, vehicles, petroleum stations), Engineering & Construction (roads, bridges, hydropower, railways), Infrastructure Investments (power plants, toll roads), Lifestyle (entertainment, F&B, hospitality), and Real Estate (Junction City, shopping centers, residential). The company operates as a holding structure with separate sector boards under the Group Board governance. Products include cement/concrete manufacturing, cinema chains (J Cineplex), radio broadcasting (Padamyar FM), F&B outlets (BreadTalk, FoodStreat), insurance (Grand Guardian Insurance), and commercial/retail developments.

Differentiator

Problem solved

Functional benefit

Brands

• Junction Centre: Shopping centre brand - Myanmar's largest shopping centre owner and operator
• Junction City
• Pan Pacific Yangon
• JC Cineplex
• J Cineplex
• Padamyar FM
• KidzOn
• Eskala Hotels & Resorts
• Apache Cement
• HTC (High Tech Concrete)
• Grand Guardian Insurance
• Grand Guardian Life Insurance

Products and services

• Apache Cement Top-five cement manufacturer in Myanmar with 2 million metric tonnes per annum production capacity; supplies cement for construction projects nationwide under the Shwe Taung Building Materials division.
• High Tech Concrete (HTC) Myanmar's largest market share holder in concrete sector; first ISO 9001:2000 certified ready-mixed concrete manufacturer in the country; over 500,000 cubic metres manufactured per annum; sole supplier of RCC concrete for the Yeywa Hydropower Project.
• Shwe Taung Engineering & Construction Services Delivers large-scale public and private construction projects including residential, commercial, retail, industrial, and infrastructure (hydropower, roads, bridges, railways). Over 200 building and construction projects completed; 700+ km of roads constructed; 50+ bridges built since 1991. Includes geotechnical works (tunneling, press piling, bore piling, retaining walls).
• Balu Chaung No.3 Hydropower Station 52 MW hydropower independent power producer (IPP) investment generating and supplying electricity as part of Shwe Taung Infrastructure Investments.
• Sagaing Highway Toll Road 188 km toll road connecting three cities in upper Myanmar, operated as part of Shwe Taung's 262 km toll road concession network.
• Junction City Integrated Development 2.6 million square foot world-class integrated development in downtown Yangon comprising shopping centre, office tower, Pan Pacific Yangon hotel, and serviced co-working (KLOUD). Over 2 million monthly shoppers.
• Junction Centre Shopping Malls Network of shopping centres across Myanmar serving over 2 million shoppers monthly; over 7 million sq ft of office, retail, and residential real estate under management. Tenants include Skechers, Alexander, Bata, Timberland, Giordano, MK Group, XtraSure, BreadTalk, and FoodStreat.
• Dagon Seikkan Smart District 1,000-acre urban infrastructure master-planned district in Dagon Seikkan Township, Yangon, including 240 acres of private commercial development alongside residential and township development.
• Shwe Taung Distribution (BMW, Liebherr, CLAAS, KONE, Sania) Distribution of world-leading brands (BMW automobiles, Liebherr construction machinery, CLAAS agricultural equipment, KONE elevators, Sania) across Myanmar, serving 3,000+ businesses with after-sales support.
• Shwe Taung Petroleum Stations Network of 15 international-standard petroleum stations across Myanmar distributing gasoline and diesel, with professional operation and maintenance services.
• J Cineplex Cinema chain operated across 8 locations with 22 screens, serving over 1 million moviegoers annually in Myanmar.
• Padamyar FM FM radio broadcasting network with 17 relay station locations across Myanmar, reaching over 16 million listeners.
• BreadTalk (Yangon) International bakery chain partnership operated in Myanmar with 6 outlets in Yangon, serving 3.2 million customers in 2019.
• FoodStreat International standard food court with 12,000+ sq ft of space serving 1.9 million customers in 2019.
• KidzOn (Kids' Enrichment) Premier modern indoor playground concept providing kids' enrichment and family entertainment in Myanmar.
• Pan Pacific Yangon Luxury hotel operated by Pan Pacific Hotels Group within the Junction City complex in downtown Yangon, offering accommodation, restaurants, bars, Pacific Club Lounge, spa, and fitness centre (US$900 net per annum membership).
• Eskala Hotels & Resorts Beachfront resort hotel at Ngwe Saung (Myanmar) offering accommodation, food & beverage, and spa services.
• Grand Guardian Insurance General and life insurance provider in Myanmar with headquarters in Yangon and six branch offices in Mandalay, Monywa, Nay Pyi Taw, Lashio, Pakkoku, and Mawlamying. Partners with Tokio Marine and Nippon Life (Japan).
• KLOUD Serviced Co-Office Serviced co-working office space at Junction City Tower offering lounge area access, hotdesk packages, meeting rooms, boardrooms, event space, and virtual office services.
• Shwe Taung Real Estate Residential Developments Direct development and sale of residential properties (15,000+ units) including township developments, Crystal Residences, and mixed-use residential components across Myanmar.
• Shwe Taung Solar Energy Solar energy generation infrastructure asset installed at Junction Shopping Centre in Naypyi Taw (0.6 MW) supporting renewable energy use across Shwe Taung properties.

Quantifiable outcome

• Over 500,000 cubic metres of concrete manufactured per annum
• +9 more outcomes

Named customers8 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Four partnerships are on record, tiered core and major.

• AEON MallcoreStrategic or Co-development Partner · 4 August 2020Shwe Taung partnered with Japan's AEON Mall in August 2020 to invest, develop, manage and operate large scale shopping malls in Myanmar. This represents a major strategic expansion of Shwe Taung's retail real estate development capabilities through Japanese retail development expertise.
• Grand Guardian Insurance - Japan's Top Insurance ProvidersmajorStrategic or Co-development Partner · 29 November 2019Grand Guardian Insurance partnered with Japan's top insurance providers (Tokio Marine and Nippon Life) to provide international standard general and life insurance products in Myanmar, bringing best-in-class Japanese insurance expertise and products to the Myanmar market.
• Keppel LandcoreStrategic or Co-development Partner · 8 September 2016Shwe Taung partnered with Keppel Land for Phase Two of Junction City development in September 2016. Keppel Land is a leading Singapore-based real estate developer, bringing international development expertise and investment to one of Myanmar's landmark integrated developments.
• BreadTalkmajorGTM or Marketing Partner · 3 May 2016BreadTalk partnered with Shwe Taung Group for Myanmar market expansion in May 2016. BreadTalk is an international bakery chain that opened 6 outlets in Yangon through Junction Centres, with 3.2 million customers in 2019.

Scale indicators28 records

Recent moves7 records

Expansion highlights7 records

Market position

Competitive moat5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/profile.php
• LinkedInlinkedin.com/company/shwe-taung-development-company

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries15 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Shwe Taung