Betagro Group in deal with Shwe Mè Group

Venus Taepaisitphong (centre) and Tun Lwin, managing director Shwe Mè Group (4th left), Vasit Taepaisitphongse (2nd left) and Dr Narongchai Srisantisaeng (left)

BETAGRO GROUP and Myanmar construction material and logistics Shwe Mè Group have signed a deal to form a joint venture company named Betagro (Myanmar) Company Limited.

Established with registered capital of US$18.3 million, Betagro Public Company Limited has an 80% share in Betagro (Myanmar) Company Limited, with Shwe Mè Group holding the balance.

The new joint venture plans to invest in a feed mill with a production capacity of 12,000 tons per month, a breeder farm and a pig farm in Yangon.

Shwe Mè Group has expertise in logistics, import-export, and warehousing and is also an SCG products distributor