A/HRC/42/CRP.3
V. Foreign companies in commercial partnerships with MEHL
or MEC
A.
No.
Joint venture partners
Name of Myanmar
company (if known)
MEHL or MEC
Foreign company joint
venture partner559 and
% held (if known)
Domicile
country of joint
venture
Sector (if known)
partner
Saraburi Coal
Company Ltd.
Hong Kong, Mining and
SAR
quarrying
MEC560
Source(s) of
information
1
Coal Mine and
Power Plant (Mai
Khot)
2
Gold Cement Co, MEHL
Ltd. with MEHL
involvement
through Gold’s
Directors and those
of MEHL’s
Sinminn Cement
Gold Cement Co,
Ltd is 26.4%
owned by GC
Holdings.
Seychelles
Manufacturing
DICA
111433240
3
Hanthawaddy Golf MEHL
& Country Club
Ltd.
37% by Inno Co
Ltd.
Republic of Arts,
Korea
entertainment
and recreation
DICA
117809668
4
JPMD Ltd.
49% by Japan
Japan
Myanmar
Development
Institution Inc. and
51 % by the
MEC’s Amber
International Ltd.
Construction
DICA
117819884
5
Mandalay Brewery MEHL
Ltd
51% owned by
Kirin Holdings
Singapore Pte Ltd,
which is in turn
owned by Kirin
Holdings.
Japan
Manufacturing
DICA
107119337
6
Moe Gyo
Sulphuric Acid
Unknown
China
percentage held by
NORINCO.
Manufacturing
Ministry of
Defense561
559
560
561
96
MEC
MEC
MEHL
Where the Mission was able to verify that MEHL or MEC officers sit on the boards of Myanmar
companies named column, or the partial ownership of those companies by MEHL or MEC, the entries
have been marked with asterisks (*).
Digital record 2175.
On 17 August 2017, it was reported that “The Ministry of Defense has rejected a parliamentarian’s
request to relocate a sulfuric acid factory in Sagaing Region’s Salingyi Township during the Lower
House session on Wednesday. Lawmaker U Win Thein Zaw of Salingyi Township raised a question
about the military-owned factory operated under Myanma Economic Holdings Ltd (MEHL) near the
village of Kan Kone in his constituency, citing locals’ concerns over their health and the
environmental impact of the factory. But Deputy Defense Minister Maj-Gen Myint Nwe defended
the factory, saying that it does not harm locals, and that it serves the interests of the country. The
factory provides sulfuric acid used in refining copper to the China-backed Letpadaung copper mines.
The sulfuric acid factory is a joint venture between MEHL and China North Industries Corporation
commonly known as Norinco, which is involved in a wide range of businesses including automobiles,
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