Myanma Economic Holdings Limited

Myanma Economic Holdings Public Company Limited (Burmese: မြန်မာ့စီးပွားရေးဦးပိုင်အများနှင့်သက်ဆိုင်သောကုမ္ပဏီလီမိတက်, abbreviated MEHL or ဦးပိုင် in Burmese) is one of two major conglomerates run by the Burmese military (through the Ministry of Defence), the other being the Myanmar Economic Corporation (MEC). MEHL business interests include banking, construction, mining, agriculture, tobacco and food.

Myanma Economic Holdings Limited
Native name
မြန်မာ့ စီးပွားရေး ဦးပိုင် လီမိတက်
IndustryConglomerate
FoundedFebruary 1990 (1990-02)
FounderMinistry of Defence (Burma)
Headquarters,
OwnerBurmese military personnel (60%)
Directorate of Defence Procurement (40%)
SubsidiariesMyawaddy Bank
Myawaddy Tours & Travel
Myawaddy Enterprises Group
Pyininbin Industrial Park
Websitewww.mehl.com.mm

MEHL is owned by the Burmese military, and current and former Tatmadaw personnel, and is influenced by senior Tatmadaw leaders. Rank-and-file soldiers are required to invest a significant portion of their salaries in MEHL shares, and generally receive an annual dividend in September based on the conglomerate's annual profits. Revenues generated from MEHL have strengthened the Burmese military's autonomy from civilian oversight, and has contributed to the military's financial operations in "a wide array of international human rights and humanitarian law violations."

UMEHL also operates Myawaddy Bank and the Burmese military's pension fund. The headquarters are located on Maha Bandula Road in Yangon's Botataung Township.

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