Thein Win Zaw

Thein Win Zaw
သိန်းဝင်းဇော်
Born	2 February 1963 (1963-02-02) (age 62) Burma
Nationality	Burmese
Occupation	Entrepreneur
Known for	Chair, Shwe Byain Phyu Group

Thein Win Zaw (Burmese: သိန်းဝင်းဇော်; born 2 February 1963) is a Burmese entrepreneur.[1] He is the founder of Shwe Byain Phyu Group, a conglomerate company active in businesses such as petrol stations, timber, and food exports.[2]

From 2018 to 2020 he was the chair of the Gems and Jewelry Entrepreneurs Association in Yangon.[3]

Early life and family

Thein Win Zaw was born on February 2, 1963, in Twante Township, Yangon Region, Myanmar.[4] He completed his high school studies in 1978–79, and later pursued higher education, earning a Bachelor of Science degree in chemistry in 1984.[4]

Thein Win Zaw is married to Tin Latt Min, and has two children.[5]

Career

Zaw established Manaw Thidar, the first company under the Shwe Byain Phyu (SBP) Group in 1996.[4] Co-led by Zaw and his wife, Tin Latt Min, the company provided logistics services to Joint Corporation 6 (JC-6).[4]

In 2010, as Myanmar Petroleum Products Enterprise (MPPE) began privatizing state-owned petrol stations, SBP expanded its operations to include retail, owning 29 petrol stations.[4]

Zaw also ventured into the marine products export sector, using his fishery experience to diversify revenue streams.[4] A subsidiary, Eastern Power International, was established in 2002 to manage these operations.[4]

In 2009 Zaw further diversified by establishing Theint Win Htet Manufacturing, specializing in PP plastic bag production, with a daily capacity of 100,000 bags, which are distributed across Myanmar.[4]

For the tax years 2017–2018 and 2018–2019 Zaw was recognized as one of the top taxpayers and was commended by President Win Myint for his tax contributions.[6][7]

In March 2022 Singapore-based Investcom Pte Ltd, a joint venture between the Lebanese M1 Investment Group and Myanmar's Shwe Byain Phyu conglomerate, acquired Telenor Myanmar.[8] Following the acquisition, concerns about ties to the Myanmar military and data privacy emerged.[5][9] However, in April 2022, the new parent company addressed these concerns, committing to uphold the data privacy policies of its predecessor.[10] ATOM Myanmar was launched in June 2022.[11]

References

1. "U Thein Win Zaw Chair, Shwe Byain Phyu".
2. Rønneberg, Kristoffer. "Telenor-sjefen valgte å følge juntaens ordrer. Her forklarer han hvorfor". Afterposten.
3. "Inaugural Yangon gems and jewellery fair to promote value-added products, say organisers". Frontier Myanmar. 3 January 2018.
4. "Thein Win Zaw". FWP RESEARCH. Archived from the original on 2022-03-07. Retrieved 2022-03-07.
5. Aung Naing (2022-03-04). "The crony who will control Telenor Myanmar's customer data". Myanmar Now.
6. "President U Win Myint honors highest taxpayers for 2017–2018 tax year". 25 January 2019.
7. "President honours Myanmar's 'biggest taxpayers' for 2018–2019 tax year". 11 August 2020.
8. "EXCLUSIVE-Myanmar firm poised to control Telenor unit after military backs bid-sources". Reuters. 2022-02-11. Retrieved 2022-03-07.
9. "Meet Myanmar Military-Linked Crony Taking Stake in Telenor Sale". The Irrawaddy. 2022-02-15. Retrieved 2022-03-07.
10. Yee, Tan Hui (15 April 2022). "New owner of telco Telenor Myanmar promises to keep data privacy policy". The Star.
11. "Telenor Myanmar is renamed "ATOM Myanmar" following the takeover of the Norwegian telecom giant by M1 Group". THE CHINDWIN. 2022-06-09. Retrieved 2022-09-22.