Amata Hotel Group

IFC Invests Sustainable Tourism in Myanmar

Posted on 22nd Oct 2016

In Hanoi, Vietnam
Van Anh Chu, IFC
Phone: (844) 3937 8745
E-mail: [email protected]

In Bagan, Myanmar
Tina Taheri, IFC 
Phone: 1 202 2475168 
E-mail: [email protected] 

Bagan, October 22, 2016—The International Finance Corporation (IFC), a member of the World Bank Group, is lending up to $13.5 million to United International Group Limited, a leading domestic hotel owner and operator in Myanmar, to expand United International’s hospitality business. Tourism is a critical component of Myanmar’s economy: it contributed $3 billion to Myanmar’s GDP in 2014 and is predicted to grow 8.4 percent annually until 2025. By then, the sector will employ around two million people.

IFC’s convertible loan will help United International, which owns and operates the Amata resort chain, build new hotels in two of Myanmar’s biggest tourism destinations: Bagan, world-famous for its ancient pagodas, and Inle, home to the biodiversity-rich Inle Lake.

Amata’s expansion will help address the acute need for quality hospitality infrastructure outside the commercial capital Yangon, and by doing so, help stimulate tourism. International arrivals in Myanmar have jumped from 800,000 in 2011 to more than four million in 2015, but the supply of quality tourist accommodation has failed to keep pace.

“IFC is already a trusted partner in tourism and hotel-related ventures in Myanmar and around the region,” said Win Aung, Amata Hotel Group Chief Executive Officer. “We look forward to learning from IFC, tapping into its vast knowledge and expertise in the field, and elevating our business to a best-practice example in Myanmar’s growing tourism industry.”

The new 144-room hotel in Bagan and 130-room hotel in Inle will be developed in two phases. Both hotels will comply with IFC’s Excellence in Design for Greater Efficiencies Green Building Certification System, which will reduce energy, water, and material consumption by at least 20 percent compared with similar buildings. The Inle project will also be aligned with conservation objectives of the lake.

“Tourism, as a leading driver of economic growth and job creation, can play a major role in poverty reduction in Myanmar, particularly for women and young people. But, for this to happen, the sector must be developed in a sustainable manner,” said Philippe Le Houérou, IFC Executive Vice President and CEO. “We are committed to projects that adopt international best practices and promote sustainability in Myanmar's fast-growing tourism industry.” The investment in United International Group comes at the start of Le Houérou’s four-day visit to Myanmar, where he will hold discussions with senior leaders in both the government and the private sector, as well as with development partners. These meetings will focus on economic policy priorities to stimulate private-sector development for economic growth and job generation in Myanmar.

IFC, together with the World Bank, has supported reforms and investments in Myanmar to strengthen the private sector and create jobs to reduce poverty and boost shared prosperity. IFC primarily focuses on improving infrastructure and access to finance, and on job-creating sectors such as agribusiness and tourism. Today, IFC is the largest investor in the country’s private sector, with accumulated investments of $386 million, as of September 2016.

About IFC

IFC, a member of the World Bank Group, is the largest global development institution focused on the private sector in emerging markets. Working with 2,000 businesses worldwide, we use our six decades of experience to create opportunity where it’s needed most. In FY16, our long-term investments in developing countries rose to nearly $19 billion, leveraging our capital, expertise and influence to help the private sector end extreme poverty and boost shared prosperity. For more information, visit www.ifc.org

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About United International Group LimitedThe United International Group Ltd, Amata Hotels, and its subsidiaries, collectively known as Amata Resorts and Spas, is a leading group of hotels and resorts in Myanmar. Founded by Mr. Win Aung, the company opened its first hospitality venture, The Amata Resort and Spa, Ngapali Beach, in 2003. Today, the group operates four hotels and resorts across the boutique, premium, mid-market, and value segments.
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ျမန္မာခရီးသြားလုပ္ငန္း ဖြံၿဖိဳးတိုးတက္ေစေရးအတြက္ အျပည္ျပည္ဆိုင္ရာ ေငြေၾကးအဖြဲ႔အစည္း (International Finance Corporation) မွ United International Group Ltd. (Amata Hotel Group) သို႔ ကာလရွည္ ေငြေၾကးျဖည့္တင္းရန္ ေခ်းေငြထုတ္ေပးမည့္ သေဘာတူစာခ်ဳပ္ ခ်ဳပ္ဆိုျခင္း

၂၀၁၆ခုႏွစ္၊ ေအာက္တိုဘာလ၊ (၂၂)ရက္ေန႔တြင္ ပုဂံၿမိဳ႕ရွိ Amata Boitique House တြင္ ကမၻာ့ဘဏ္(World Bank) ၏ အဖြဲ႔၀င္ျဖစ္ေသာ အျပည္ျပည္ဆိုင္ရာ ေငြေၾကးအဖြဲ႔အစည္း International Finance Corporation ႏွင့္ United International Group Ltd. (Amata Hotel Group) တို႔ ျမန္မာခရီးသြားလုပ္ငန္း ဖြံၿဖိဳးတိုးတက္ေရးအတြက္ ကာလရွည္ ေငြေၾကးျဖည့္တင္းရန္ ေခ်းေငြ အေမရိကန္ေဒၚလာ (၁၃.၅) သန္းကို ေခ်းေငြေပးမည့္ သေဘာတူစာခ်ဳပ္ ခ်ဳပ္ဆိုခဲ့ပါသည္။

အဆိုပါ ႏိုင္ငံတကာ အဆင့္မွီ ဟိုတယ္မ်ား တည္ေဆာက္ရန္ IFC အေနျဖင့္ တိုင္းရင္းသားပိုင္ Company ငယ္မ်ားအား ႏွစ္ရွည္ေခ်းေငြ ေပးျခင္းျဖင့္ ျမန္မာႏိုင္ငံ၏ ခရီးသြားလုပ္ငန္းမ်ားကို မ်ားစြာ အေထာက္အကူ ရရွိမည္ျဖစ္ၿပီး အမ်ိဳးသမီးမ်ားႏွင့္ လူငယ္မ်ား အလုပ္အကိုင္ အခြင့္အလမ္းမ်ား ရရွိလာမည္ျဖစ္ေၾကာင္း Amata Hotel Group CEO ဦး၀င္းေအာင္မွ ေျပာၾကားပါသည္။

ယခုကဲ့သို႔ တိုင္းရင္းသားပိုင္ Company တစ္ခုျဖစ္ၿပီး လွ်င္ျမန္စြာ ဖြံၿဖိဳးတိုးတက္ေနေသာ ျမန္မာ့ခရီးသြားလုက္ငန္းအား အျပည္ျပည္ဆိုင္ရာ လုပ္ထံုးလုပ္နည္းမ်ားႏွင့္ အညီ လုပ္ေဆာင္ေနသည့္ Amata Hotel Group အား ပံ့ပိုးေပးရျခင္းအတြက္ ၀မ္းေျမာက္မိပါသည္ဟု IFC Executive Vice President & Chief Executive Officer Mr. Philippe Le Houerou မွေျပာၾကားပါသည္။

အဆိုပါ Amata Hotel Group သည္ ရရွိလာေသာ ေခ်းေငြမ်ားျဖင့္ ႏိုင္ငံတကာ အဆင့္မွီ စံခ်ိန္စံညႊန္းႏွင့္ ကိုက္ညီေသာ ဟိုတယ္မ်ားကို ပုဂံၿမိဳ႕တြင္ (၁၄၄)ခန္း ႏွင့္ အင္းေလးတြင္ အခန္း(၁၃၀) တည္ေဆာက္သြားမည္ ျဖစ္ေၾကာင္း သိရွိရသည္။ Amata Hotel Group သည္ ျမန္မာႏိုင္ငံ ခရီးသြားလုပ္ငန္း ဖြံၿဖိဳးေစေရး အတြက္ ဟိုတယ္လုပ္ငန္းႏွင့္ အျခားခရီးသြားလုပ္ငန္းႏွင့္ ဆက္စပ္ေနေသာ Oriental Ballooning (မီးပံုးပ်ံ) လုပ္ငန္းမ်ား လုပ္ကိုင္လ်က္ရွိၿပီး၊ ထပ္မံ တိုးခ်ဲ႕၍လည္း ျမန္မာႏိုင္ငံ ၿမိတ္ကၽြန္းစုမ်ားတြင္ ျမန္မာႏိုင္ငံ ရင္းႏွီးျမွပ္မႈ ေကာ္မရွင္ (Myanmar Investment Commission) ၏ ခြင့္ျပဳခ်က္ျဖင့္ ႏိုင္ငံတကာ အဆင့္မွီ ဟိုတယ္မ်ား တိုးခ်ဲ႕လုပ္ကိုင္သြားမည္ျဖစ္ၿပီး၊ ခရီးသြားနယ္ေျမသစ္မ်ား ခ်ဲ႕ထြင္ရန္အတြက္ ျမန္မာႏိုင္ငံ၏ အျခားေသာ ၿမိဳ႕ႀကီး(၁၀)ၿမိဳ႕တြင္လည္း “အ၀ကၤ’’ (Awinka) နာမည္ျဖင့္ ျမန္မာ့ခရီးသြားျပည္သူမ်ား၊ ႏိုင္ငံျခားသားခရီးသြားမ်ား အဆင္ေျပစြာ တည္းခိုႏိုင္ေရးအတြက္ ႏိုင္ငံတကာ စံခ်ိန္စံညႊန္း ႏွင့္ကိုုက္ညီေသာ တန္ဖိုးသင့္တင့္ ဟိုတယ္မ်ား ထပ္မံတိုးခ်ဲ႕ လုပ္ကိုင္သြားမည္ဟု သိရွိရပါသည္။