| Type | Company | [sources] | |||
|---|---|---|---|---|---|
| Name | Myanma Economic Corporation (MEC · Myanmar Economic · Myanmar Economic Corp · Myanmar Economic Corporation · Myanmar Economic Corporation Limited | [sources] | |||
| Other name | Myanmar Economic Corporation · Myanmar Economic Corporation (MEC) | [sources] | |||
| Weak alias | MEC | [sources] | |||
| Incorporation date | [sources] | ||||
| Legal form | Company limited by shares · Corp · Military Holding Company · société à responsabilité limitée par actions | [sources] | |||
| Jurisdiction | Myanmar | [sources] | |||
| Country | Myanmar | [sources] | |||
| Country of origin | Myanmar | [sources] | |||
| Description | legal entity | [sources] | |||
| mecadm.hq@gmail.com | [sources] | ||||
| Phone | +9518221369 | [sources] | |||
| Registration number | 105444192 | [sources] | |||
| Unique Entity ID | JL68T7G3B9C9 · SMY2YN15JJC8 | [sources] | |||
| Address | CORNER OF AHLONE ROAD & KANNAR ROAD, AHLONE TOWNSHIP, RANGOON, MMR · Corner of Ahlone Road & Kannar Road, Ahlone Township, Rangoon · Corner of Ahlone Road and Strand Road, Ahlone Township, Yangon · Corner of Ahlone road & Kannar road, Ahlone, Yangon, MYANMAR · Corner of Ahlone road & Kannar road, Ahlone, Yangon, Myanmar · | [sources] | |||
| Source link | find-and-update.company-information.service.gov.uk · gels-avoirs.dgtresor.gouv.fr · sanctionssearch.ofac.treas.gov | [sources] | |||
| Last change | Last processed | First seen | |||
Registration Number 105444192
Type of entity: Company limited by shares
Place of business: Myanmar/Burma
Phone number: 01-8221369
Place of business: Myanmar/Burma
Place of registration: Yangon, Myanmar/Burma
Myanmar Economic Corporation (MEC) is a conglomerate owned and controlled by the Myanmar Armed Forces (Tatmadaw), having subsidiaries and affiliated companies in diverse sectors of the economy, including banking, insurance, construction, trade, transportation, mining, gem extraction, manufacturing and tourism. MEC and its subsidiaries generate revenue for the Tatmadaw, therefore contributing to its capabilities to carry out activities undermining democracy and the rule of law and to serious human rights violations in Myanmar/Burma. MEC’s board of directors is exclusively composed of senior officers (active or retired) of the Tatmadaw. MEC and its subsidiaries donated assets to the military in 2017 during the Tatmadaw’s fundraising ceremonies. Therefore MEC financially supported the Tatmadaw and thus contributed to its capability to carry out the “clearance operations” and serious human rights violations in 2017 against the Rohingya population.
Place of business: Myanmar/Burma
Type of entity: Company limited by shares
Lieu principal d'activité: Myanmar/Birmanie;La Myanmar Economic Corporation (MEC) est un conglomérat détenu et contrôlé par les forces armées du Myanmar/de la Birmanie (Tatmadaw), disposant de filiales et d'entreprises liées dans divers secteurs de l'économie, notamment la banque, les assurances, la construction, le commerce, les transports, l'exploitation minière, l'extraction de gemmes, l'industrie manufacturière et le tourisme. MEC et ses filiales génèrent des recettes en faveur de la Tatmadaw, contribuant ainsi à sa capacité à mener des activités portant atteinte à la démocratie et à l'état de droit et à commettre de graves violations des droits de l'homme au Myanmar/en Birmanie. Le conseil d'administration de MEC est exclusivement composé d'officiers de haut rang (d'active ou à la retraite) de la Tatmadaw.MEC et ses filiales ont fait don de biens à l'armée en 2017 lors de cérémonies de collecte de fonds organisées par la Tatmadaw. Par conséquent, MEC a soutenu financièrement la Tatmadaw et a ainsi contribué à sa capacité à mener des "opérations de nettoyage" et à commettre de graves violations des droits de l'homme à l'encontre des Rohingyas en 2017
Disqualified
Names of Director(s)/Management: Lt Gen (retired) Nyo Saw (Former QMG – retired in 2020); Maj Gen Moe Myint Htun (Army COS); Rear Admiral Moe Aung (Navy COS); Lt Gen Htun Aung (Air Force COS); Brig Gen Aung Kyaw Hoe (Defence Perm Sec); Aung Lin Tun (Htun); Maj Gen Aung Zay Ya; Khin Maung Soe; Maj Gen Maung Maung Myint; Brig Gen Thaik Soe; Thant Swe; Thant Zin; Maj Gen Thaw Lwin; Thein Toe; Maj Gen Zaw Lwin Oo; Zin Min Htet; Aung Min; Htun Htun Oo; Myo Thant; Win Lwin. Ultimate beneficial owner(s): Myanmar senior military leadership, units and battalions. The Director Disqualification Sanction was imposed on 09/04/2025.
Names of Director(s)/Management: Lt Gen (retired) Nyo Saw (Former QMG – retired in 2020); Maj Gen Moe Myint Htun (Army COS); Rear Admiral Moe Aung (Navy COS); Lt Gen Htun Aung (Air Force COS); Brig Gen Aung Kyaw Hoe (Defence Perm Sec); Aung Lin Tun (Htun); Maj Gen Aung Zay Ya; Khin Maung Soe; Maj Gen Maung Maung Myint; Brig Gen Thaik Soe; Thant Swe; Thant Zin; Maj Gen Thaw Lwin; Thein Toe; Maj Gen Zaw Lwin Oo; Zin Min Htet; Aung Min; Htun Htun Oo; Myo Thant; Win Lwin. Ultimate beneficial owner(s): Myanmar senior military leadership, units and battalions.
Adresse : BIRMANIE/MYANMAR : Croisement de Ahlone road et Kannar road, Ahlone, Yangon, Téléphone : 01-8221369, Courriel : mecadm.hq@gmail.com
(also MYANMAR ECONOMIC CORPORATION LIMITED)
(also MYANMAR ECONOMIC CORPORATION)
Sanctions imposed by Canada on specific countries, organizations, or individuals under the Special Economic Measures Act (SEMA) and JVCFOA
Canada · Global Affairs Canada
The Consolidated Screening List (CSL) is a list of parties for which the United States Government maintains restrictions on certain exports, re-exports, or transfers of items.
United States · ITA
The Consolidated List is a list of all persons and entities who are subject to targeted financial sanctions under Australian sanctions law
Australia · DFAT
The register lists all persons, entities and vessels subject to asset freezing measures in force on French territory, pursuant to national, European and international (UN) provisions.
France · DGT
Individuals which have been disqualified from holding the post of a company director in the United Kingdom following a court decision.
United Kingdom · CoH
The primary United States' sanctions list, specially designated nationals (SDN) part.
United States · OFAC
UK sanctions collated by the Foreign, Commonwealth & Development Office
United Kingdom · FCDO
Switzerland manages a sanctions lists with a high degree of detail on the individuals that are subject to it's embargoes
Switzerland · SECO
The United Kingdom's consolidated international sanctions list.
United Kingdom · OFSI
A list of entities subject to fund and economic resource freezing procedures.
Monaco · Monaco
Information on the chain of ownership for various energy projects. The data maps each level of the chain from the direct owner up to their highest-level ultimate parents.
Global · GEM · non-official source
As part of the Common Foreign Security Policy the European Union publishes a sanctions list that is implemented by all member states.
European Union · DG FISMA
Belgium extends the European FSF sanctions list on the basis of a national terrorist list, issued by the National Security Council
Belgium · FOD
A database of suppliers who have been excluded from participating in US federal procurement.
United States · GSA
gb-coh-7gpg-c9-xndncqafsio7k6vdn-u · eu-fsf-eu-6313-7 · ca-sema-1a6903c0d922506630e8e06781731edb2200766f · ca-sema-1-20-mm-myanma-economic-corporation-mec · ch-seco-45097 · gb-hmt-14081 · mc-freezes-4932f0604fc73540edd8cb366e8f8488e2819e80 · usgsa-s4mrgkltg · trade-csl-6094d1623daf33ca658135bf42593eb1dfc431a2 · fr-ga-3537 · ca-sema-burma-1-20 · au-dfat-7333-myanmar-economic-corporation · usgsa-s4mrgkrp6 · gb-fcdo-ghr0081 · gem-own-e100000131956 · trade-csl-5bc6b62372ddb38d8f3bcc56a768d25a2ada96f526411224e955f97a · ofac-31516For experts: raw data explorer
OpenSanctions is free for non-commercial users. Businesses must acquire a data license to use the dataset.
| Sanctions | |||||
|---|---|---|---|---|---|
| Country | Authority | Program | Start date | End date | |
| Australia | Department of Foreign Affairs and Trade | - | |||
| Address | ||
|---|---|---|
| Full address | Country | |
| Strand Rd. Near Thakhin Mya Park Ayeyar Waddy Ward Ahlone Yangon · Strand Rd., Near Thakhin Mya Park, Ayeyar Waddy Ward, Ahlone, Yangon | Myanmar | |
| Assets and shares | ||||
|---|---|---|---|---|
| Asset | Percentage held | Start date | End date | |
| Bagwa Gone Company Ltd. | - | - | - | |
| Tristar Tyre Manufacturing Company Ltd. | - | |||
| Owners | ||||
|---|---|---|---|---|
| Owner | Percentage held | Start date | End date | |
| Ministry of Defense (Myanmar) | 100.00 | - | - | |
| United Kingdom | The Insolvency Service | - | - |
| Canada | Global Affairs Canada | Special Economic Measures Act | - | - |
| United Kingdom | Office of Financial Sanctions Implementation · UK | UK sanctions relating to global human rights | - |
| Switzerland | State Secretariat for Economic Affairs | Measures Against Myanmar | - |
| Belgium | Federal Public Service Finance | EU Restrictive Measures In View Of The Situation In Myanmar And Burma | - |
| United Kingdom | Foreign, Commonwealth & Development Office · UK | Sanctions and Anti-Money Laundering Act 2018 | - |
| France | Direction Générale du Trésor | EU Restrictive Measures In View Of The Situation In Myanmar And Burma | - | - |
| United States | Office of Foreign Assets Control | Burma-Related Sanctions | - | - |
| European Union | Directorate‑General for Financial Stability, Financial Services and Capital Markets Union | EU Restrictive Measures In View Of The Situation In Myanmar And Burma | - |
| Corner of Ahlone Road & Kannar Road, Ahlone Township, Rangoon · Corner of Ahlone road & Kannar road, Ahlone, Yangon, MYANMAR · Corner of Ahlone road & Kannar road, Ahlone, Yangon, Myanmar | Myanmar |
| - |
| Sugar Mill (Du Yin Gabo) | - | - | - |
| Nan Myaing Coffee (Pyin Oo Lwin) | - | - | - |
| High Tension Steel Bolts, Nuts and Washers Manufacturing Plant (Ywama) | - | - | - |
| Dagon Beverages Company Ltd. | - | - | - |
| Ahlone International Port Terminal 1 | - | - | - |
| Refractory Plant (Aung Lan) | - | - | - |
| Gas plant (Botahthaung) | - | - | - |
| Golden Majestic Star Mobile Company Limited | - | - | - |