05 August 2016 — Philippine Ambassador to Myanmar Alex G. Chua met with three officials of Jollibee Foods Corporation led by Mr. Dennis Flores, Vice President and Head of International Operations, on 02 August 2016 to discuss the company’s interest to invest in Myanmar.

After their market study in Myanmar last year, Jollibee has seen the viability of opening a branch in Myanmar.  At present, Jollibee has opened branches in Brunei, Singapore, and Viet Nam.

Ambassador Chua expressed optimism that Jollibee will be popular not only with the Filipino community but also to the local consumers in Myanmar.

On August 03, Minister and Consul General Maria Lourdes Salcedo met with representatives of IGE Group of Companies and Manila Water Company. U Yan Naing Moe, Marketing Manager of IGE Group of Companies, said that they are looking for foreign partners to realize their infrastructure and energy projects.  All of which require engineering, procurement and construction.

The IGE officials were given a list of construction and engineering companies that participated in the construction industry mission to Myanmar in October 2014. Mr. Michael Rico of Manila Water informed IGE officials that its request was referred to Makati Development Corporation, an affiliate of Manila Water and Ayala Corporation.

Like Ayala Corporation, IGE has diverse business undertakings in real estate, infrastructure, energy, telecoms, financial services, and hotels. END