Aung Yee Phyo Company ( my, အောင်ရည်ဖြိုးကုမ္ပဏီ) is a

timber Lumber is wood that has been processed into dimensional lumber, including beams and planks or boards, a stage in the process of wood production. Lumber is mainly used for construction framing, as well as finishing (floors, wall panels, wi ...

trading and agricultural production company based in

Myanmar Myanmar, ; UK pronunciations: US pronunciations incl. . Note: Wikipedia's IPA conventions require indicating /r/ even in British English although only some British English speakers pronounce r at the end of syllables. As John C. Wells, Joh ...

. An affiliate of the

IGE Group of Companies The International Group of Entrepreneurs ( my, အိုင်ဂျီအီး ကုမ္ပဏီအုပ်စု; IGE Group) is one of Myanmar's 5 largest conglomerates, possessing 13 subsidiaries that employ 4,000 people. IGE also posse ...

, it is owned by Nay Aung and Pyi Aung, the sons of

Aung Thaung Aung Thaung ( my, အောင်သောင်း; 1 December 1940 – 23 July 2015) was a Burmese politician and businessman. He served as a member of the country's lower house, the Pyithu Hluttaw, representing the constituency of Taungtha Towns ...

, a politician and former military general. The company is currently subjected to

economic sanctions Economic sanctions are commercial and financial penalties applied by one or more countries against a targeted self-governing state, group, or individual. Economic sanctions are not necessarily imposed because of economic circumstances—they may ...

by the United States government, because of its ties to the

State Peace and Development Council The State Peace and Development Council ( my, နိုင်ငံတော် အေးချမ်းသာယာရေး နှင့် ဖွံ့ဖြိုးရေး ကောင်စီ ; abbreviated SPDC or , ) was the offi ...

, the former military junta.

References

Agriculture companies of Myanmar {{Myanmar-company-stub