Canonical ID: NK-kSD7KRtKD9zEz36deFYZmi
· Entity type: Company
(reference)
Property | Value | Lang | Source dataset | Source ID | First seen | ||
---|---|---|---|---|---|---|---|
LegalEntity:address | Ywargout Quarter, Pyinmana Township, Nay Pyi Taw, Myanmar | ch_seco_sanctions | ch-seco-64331 | ||||
LegalEntity:addressEntity | addr-55b743266bef37adfb3b43a064950c3524a628bf | ch_seco_sanctions | ch-seco-64331 | ||||
LegalEntity:country | mm | ch_seco_sanctions | ch-seco-64331 | ||||
LegalEntity:createdAt | 2023-08-03 | ch_seco_sanctions | ch-seco-64331 | ||||
LegalEntity:id | ce734178490fad0f4437410b09cc211ef5272b98 | ch_seco_sanctions | ch-seco-64331 | ||||
LegalEntity:modifiedAt | 2023-08-03 | ch_seco_sanctions | ch-seco-64331 | ||||
LegalEntity:name | No 2 Mining Enterprise (ME 2) | ch_seco_sanctions | ch-seco-64331 | ||||
LegalEntity:notes | Place of registration: Myanmar/Burma | ch_seco_sanctions | ch-seco-64331 | ||||
LegalEntity:notes | No 2 Mining Enterprise (ME 2) is a state-owned enterprise (SOE) under the jurisdiction of the Ministry of Natural Resources and Environmental Conservation (MONREC) that also acts as the regulator for the sector of non-ferrous metals production and marketing. As such, the SOE is endowed with the power to grant permits and collect part of the tax on profits made by private companies that are either in so-called “production-sharing contracts” or in joint ventures with ME 2. The Minister of Natural Resources and Environmental Conservation, U Khin Maung Yi, has been appointed by the State Administration Council (SAC) which took over the legislative, executive and judicial powers of the State as of 2 Feb 2021. Since the military coup, the military regime has acquired control over and benefits from SOEs, including No 2 Mining Enterprise. No 2 Mining Enterprise is thus controlled by and generates revenue for the Myanmar armed forces (Tatmadaw), thereby contributing to its capabilities to carry out activities which undermine democracy and the rule of law. Moreover, No 2 Mining Enterprise has taken part in and overseen various projects linked to violence by the Myanmar armed forces against civilian populations and the violation of their most basic rights, including through land confiscation and forced relocation. | ch_seco_sanctions | ch-seco-64331 | ||||
LegalEntity:notes | Phone: no: 09 – 067-22126 | ch_seco_sanctions | ch-seco-64331 | ||||
LegalEntity:notes | Principal place of business: Myanmar/Burma | ch_seco_sanctions | ch-seco-64331 | ||||
LegalEntity:programId | SECO-MYANMAR | ch_seco_sanctions | ch-seco-64331 | ||||
LegalEntity:topics | sanction | ch_seco_sanctions | ch-seco-64331 |