Myanmar's Top Brewer Collapses Amid Nationwide Unrest

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Researched by Industrial Info Resources (Sugar Land, Texas)--Myanmar Brewery Limited (MBL), a joint venture between Japanese beverage giant Kirin and Myanmar's military-owned conglomerate Myanmar Economic Holdings Public Company Limited (MEHL), is facing liquidation.

Amid an ongoing boycott targeting military ventures, MEHL filed a plea at Yangon region district court to dissolve the joint venture. Myanmar's economy has tanked since the military took power in February, sparking widespread protests, deadly unrest and international sanctions, according to The Straits Times. MBL, whose beverages include its flagship Myanmar Beer brand, boasted a market share of nearly 80% as of 2019, according to Kirin.

Industrial Info is tracking 254 plants in Myanmar's Food & Beverage Industry, with more than 900 functional management contacts and 76 projects totaling $1.4 billion in value. Subscribers to Industrial Info's Global Market Intelligence (GMI) Food & Beverage Project Database can click here for a list of plants and click here for a list of related project reports.

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