Nov 18, 2012

Bagan Capital Continues Expansion with New Mandalay Office

Bagan Capital today announces the opening of its new office in Mandalay - Myanmar's northern commercial centre. The new office represents Bagan Capital's third in the country. Mandalay, a former capital of Myanmar, is a major centre, particularly for agriculture and resources businesses. It is also a significant tourist destination.

"No one can ignore the importance of Mandalay to commercial activities in Myanmar.", notes Jeremy Kloiser-Jones, the founder and CEO of Bagan Capital. "And the role of Mandalay and surrounds will continue to expand given the Myanmar government's infrastructure initiatives", he adds. Major road construction projects, improving access to both India and China, and a modernisation of the airport have been announced. Mandalay airport is the closest international airport to the ancient capital of Bagan, a candidate for UNESCO Heritage listing.

Bagan Capital sees a presence in Mandalay as important to expanding its capacity to uncover suitable investment projects for its managed funds, as well as its advisory clients. The new office is in the Mandalay Swan Hotel.

Bagan Capital is the first investment and advisory firm focused solely on Myanmar. Headquartered in Hong Kong, the firm operates from offices in Yangon, Nay Pyi Taw and Mandalay. Bagan Capital advises both domestic and foreign clients, and is in the process of raising its private equity Myanmar Transition Fund.