About Us

Myanmar Investments International Limited (“MIL” or the “Company”) was the first Myanmar-focused investment company admitted to trading on the AIM market of the London Stock Exchange.

Founded in 2013 we act as a conduit for overseas investors to invest in businesses that will benefit from Myanmar’s re-emergence as a dynamic Asian economy.


MIL aspired to build a diversified stable of existing businesses that benefited from Myanmar’s re-emergence.  These businesses were expected to produce long term capital appreciation and strong cash flows. In October 2019, MIL shareholders resolved to harvest the investments that had been acquired and accordingly the Company is now undertaking an orderly disposal of its investments to maximise their value and to return surplus capital to shareholders.


MIL have aspired to be an active Myanmar-focused investment and management group producing long term capital appreciation and income from proactive participation in Myanmar’s re-emergence.

  • Consumer – many opportunities exist to benefit from the strong growth in consumer spending, such as in retail, health care and entertainment.
  • Capacity-constrained – we have focused on shortages of soft infrastructure (such as financial services and education) as well as more traditional hard infrastructure (such as power or waste water treatment utilities).

Strong Partners

We have co-invested with TPG, the global investment firm, and Sanjiv Ahuja, the ex-Orange CEO, in Apollo Towers which has since been merged with Pamel Towers to form AP Towers Holdings, one of the country’s largest telecom tower companies. Apollo had signed a US$250m loan facility with the American Governments’ OPIC.

We set up Myanmar Finance Investment Limited (“MFIL”), a microfinance institution with U Htet Nyi, a well-respected Myanmar businessman, and Norfund (the Norwegian Government’s DFI).

We established Medicare, the leading pharmaceutical chain, with Medicare Vietnam, which is the largest pharmacy, health, beauty and personal care retail group in Vietnam, and Randy Guttery, an industry veteran with many decades of experience in leadership roles at Asian-based retailers. This investment was sold in November 2019.