Our client is a foreign company with a MIC Permit to operate a wood based factory. It has a 144 sq meter wood factory in Yangon Industrial Park in North Okkalapa Township in Yangon. See Google Map https://goo.gl/maps/HbsNTeuLFML2
The factory has the following facilities:
- Japan made Pony saw
- Two Malaysian 48″ Band Saw
- Micheal Weinig U22N 8 heads moulding machine
- 1 unit of Double end Tenor and four sides Planner
- 1 set of saw doctoring and moulder knives
- 1 unit 4 tons Toyota Fork lift
- 1 unit 380 HP Cummins Generator.
- Toilets for 30 workers
- The unit has its own ground water and own power
Our client is looking for an investor who has the technology to improve its semi or finished wood products as well as inject an additional USD 2 Mil in capital.
The MIC permit is valid for 20 years from January 2002 and is renewable after that for every 5 years for 5 years.
Interested investor please fill up the form here