Ayer Shwe Wah Company ( my, ဧရာရွှေဝါကုမ္ပဏီ) was a major Burmese company under the

Htoo Group of Companies The Htoo Group of Companies (HGC) is a Burmese holding company, with headquarters at 5 Pyay Road, Hlaing Township, Yangon, Myanmar. HGC is the parent company of Air Bagan, a privately held Burmese airline company. The company has several subsidia ...

. The company was the first private company to be permitted to export Burmese-grown rice to

Bangladesh Bangladesh (}, ), officially the People's Republic of Bangladesh, is a country in South Asia. It is the eighth-most populous country in the world, with a population exceeding 165 million people in an area of . Bangladesh is among the mos ...

and

Singapore Singapore (), officially the Republic of Singapore, is a sovereign island country and city-state in maritime Southeast Asia. It lies about one degree of latitude () north of the equator, off the southern tip of the Malay Peninsula, borde ...

in 2005. Its headquarters are located in

Bahan Township Bahan Township ( my, ဗဟန်း မြို့နယ်, ) is located in the north central part of Yangon. The township comprises 22 wards, and shares borders with Yankin Township and Mayangon Township in the north, Sanchaung Township and K ...

Yangon Yangon ( my, ရန်ကုန်; ; ), formerly spelled as Rangoon, is the capital of the Yangon Region and the largest city of Myanmar (also known as Burma). Yangon served as the capital of Myanmar until 2006, when the military government ...

. Ayer Shwe Wah's CEO,

Aung Thet Mann Aung Thet Mann ( my, အောင်သက်မန်း, ; born 19 June 1977), also known as Shwe Mann Ko Ko (), is a Burmese businessman and currently CEO of Ayer Shwe Wah, a major Burmese company. Aung Thet Mann's father is Shwe Mann, a form ...

, is the son of

Shwe Mann '' Thura'' Shwe Mann ( my, သူရ ရွှေမန်း, ; born 11 July 1947) is a Burmese politician who was Speaker of the Pyithu Hluttaw, the lower house of parliament from 31 January 2011 to 29 January 2016.Freeman, A. & Roads, J"Myanm ...

, a former military general and currently Speaker of the

Pyithu Hluttaw The Pyithu Hluttaw ( my, ပြည်သူ့ လွှတ်တော်, ; House of Representatives) is the ''de jure'' lower house of the Pyidaungsu Hluttaw, the bicameral legislature of Myanmar (Burma). It consists of 440 members, of whic ...

. The company has been sanctioned by the United States government since 18 October 2007, for its ties to the ruling military junta, the

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

. On 15 May 2010, it won a license to operate gas stations in Myanmar, as part of the

Ministry of Energy A Ministry of Energy or Department of Energy is a government department in some countries that typically oversees the production of fuel and electricity; in the United States, however, it manages nuclear weapons development and conducts energy-relat ...

's privatization efforts. When

was Regional Commander in the Ayeyarwady Division, Ayer Shwe Wah received lucrative government contracts to supply fertilizers to farmers throughout the delta. The company also received 30,000 acres of land for development under the government’s Lowland Development Program. These have since been returned with all dues and taxes paid for. Ayer Shwe Wah has also been involved in construction projects in Naypyidaw."Shwe Mann"
, ''ALTSEAN-Burma'', n.d. Retrieved May 30, 2015.

References

{{reflist Agriculture companies of Myanmar Agriculture companies established in 1998 Companies established in 1998 1998 establishments in Myanmar