TODAY

Signing Ceremony concerned with International Finance Corporation’s first investment in City Mart Holding Co Ltd took place on 11-1-2016 at Novotel Yangon. IFC, member of World Bank Group, gave the company USD 25 million to expand operations, enhance retail business and create retail-related jobs. IFC loan should enable CMHL to establish up to 20 Supermarkets and Hypermarkets across the country. IFC investment is a sign of their confidence in CMHL projects and prospects of retail, remarked Managing Director Daw Win Win Thint.