Two high-ranking Thai executives are joining forces with a leader of Yangon-based conglomerate MK Group to open the first music and performance learning centre in Myanmar.
Kreingkrai Kanjanapokin, co-chief executive officer of Index Creative Village, a Thai event-management firm, said yesterday that he would cooperate with Gridi Vongkusolkit, an owner of the Strings Shop, a musical-instrument business, and Park Kunkhongkaphan of MK Group to run the learning centre, called Pro Village, at Junction Square Shopping Centre in Yangon.
The Bt10-million centre will offer all kinds of services including music and dancing lessons with professional instructors who have experience at the international level. They will use high-quality musical instruments and accessories of leading brands for both beginners to professionals.
“After Myanmar opened up, it became a land full of opportunities. Foreign interests are actively investing in various industries, thus foreigners are increasingly settling or staying in Myanmar for work and business. Besides, Myanmar people also are open to culture, fashion and lifestyle [trends]; they enjoy entertainment and technology,” Kreingkrai said.
He said there was room to grow for this business segment as an expanding middle class had created new demand for learning and trading high-tech and high-quality musical instruments and accessories.
Apart from young local people, Pro Village also targets expatriates who work in Myanmar.
Gridi, whose Strings Shop imports high-end musical instruments into Thailand, said Pro Village was created by a group of people who have a passion for music and have been working in music-related industries for several years.
Park, an executive of MK Group, said he wanted to extend his personal interest in music to key potential consumers, so he decided to take part in this business with the two Thai partners.
Pro Village is expected to break even within three years.
Source: The Nation