Thein Win Zaw

Thein Win Zaw (Burmese: သိန်းဝင်းဇော်; born 2 February 1963) is a Burmese businessman, best known for founding Shwe Byain Phyu Group of Companies, a conglomerate with business interests in petrol stations, jade mining, timber, and food exports.[1]

Thein Win Zaw
သိန်းဝင်းဇော်
Born2 February 1963 (1963-02-02) (age 59)
Burma
NationalityBurmese
OccupationChairman, Shwe Byain Phyu Group
Spouse(s)Tin Latt Min
ChildrenWin Paing Kyaw
Theint Win Htet

Early life and career

Thein Win Zaw was born on 2 February 1963, hailing from Twante Township in Yangon Region, Myanmar.[2] He graduated in 1984 with a Bachelor of Science degree in chemistry.

Business interests

Thein Win Zaw founded Shwe Byain Phyu Group (SBP) in 1996, and operates a business partnership with the military-owned Myanma Economic Holdings Limited for mining, fuel imports and distribution.[3] Thein Win Zaw's business success has been attributed to his close relationship with the Myanmar Navy's senior leadership, including the navy's commanders-in-chief Tin Aung San and Soe Thane.[4]

Telecommunications

Thein Zaw previously as a director in Mahar Yoma Public Company, which has a partial stake in Mytel, the military-owned telecommunications company.[5][6] In February 2022, news emerged that Shwe Byain Phyu would own 80% of Telenor Myanmar with Lebanese M1 Group owning the remaining shares, as Norwegian-based Telenor sought to divest in its Myanmar operations following the 2021 Myanmar coup d'état.[5] Shwe Byain Phyu and M1 Group have formed a joint venture, Investcom, to take over Telenor operations in Myanmar.[7] The planned sale has prompted significant scrutiny from Burmese civil society over data privacy concerns, given SBP's links to the Burmese military.[7]

References
  1. "The crony who will control Telenor Myanmar's customer data". Myanmar NOW. Retrieved 2022-03-07.
  2. "Thein Win Zaw". FWP RESEARCH. Retrieved 2022-03-07.
  3. "Meet Myanmar Military-Linked Crony Taking Stake in Telenor Sale". The Irrawaddy. 2022-02-15. Retrieved 2022-03-07.
  4. "Telenor Under Pressure for Its Myanmar Subsidiary Sale". The Irrawaddy. 2022-02-09. Retrieved 2022-03-07.
  5. "EXCLUSIVE-Myanmar firm poised to control Telenor unit after military backs bid-sources". Reuters. 2022-02-11. Retrieved 2022-03-07.
  6. "Myanmar Companies Linked to Regime Leaders Bid to Acquire Telenor". The Irrawaddy. 2021-12-02. Retrieved 2022-03-07.
  7. "Telenor sale gets green light from Myanmar junta's telecoms regulator". Myanmar NOW. Retrieved 2022-03-07.
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