Ownership Stake: 30%
Year Invested: FY 2013-2014
Chindwin Holdings Pte. Ltd., is incorporated in Singapore and invests in Myanmar’s tourism industry. Chindwin’s first investment was the acquisition of a 75% interest in Balloons Over Bagan in June 2013. Balloons Over Bagan has operated in Myanmar for over 17 years and has become synonymous with the ancient city of Bagan.
The future of tourism in Myanmar is very bright, with visitor numbers increasing every year. Through Chindwin, FMI will seek to develop further tourism related services, including the ongoing development of a boutique resort hotel in Bagan.
Swiss Business Office Center
Building No. (36-38) A, 1st Floor,
Room (203), Grand Myay Nu Condo,
Myay Nu Street, Sanchaung Township, Yangon