Aung Yee Phyo Company () is a

timber Lumber is wood that has been processed into uniform and useful sizes (dimensional lumber), including beams and planks or boards. Lumber is mainly used for construction framing, as well as finishing (floors, wall panels, window frames). ...

trading and agricultural production company based in

Myanmar Myanmar, officially the Republic of the Union of Myanmar; and also referred to as Burma (the official English name until 1989), is a country in northwest Southeast Asia. It is the largest country by area in Mainland Southeast Asia and has ...

. An affiliate of the IGE Group of Companies, it is owned by Nay Aung and Pyi Aung, the sons of

Aung Thaung Aung Thaung (; 1 December 1940 – 23 July 2015) was a Burmese politician and businessman. He served as a member of the country's lower house, the Pyithu Hluttaw, representing the constituency of Taungtha Township, after being elected in the 2010 ...

, a politician and former military general. The company is currently subjected to

economic sanctions Economic sanctions or embargoes are Commerce, commercial and Finance, financial penalties applied by states or institutions against states, groups, or individuals. Economic sanctions are a form of Coercion (international relations), coercion tha ...

by the United States government, because of its ties to the

State Peace and Development Council The State Peace and Development Council ( ; abbreviated SPDC or , ) was the official name of the Military dictatorship, military government of Burma (Myanmar) which, in 1997, succeeded the State Law and Order Restoration Council (; abbrevi ...

, the former military junta.

References

Agriculture companies of Myanmar {{Myanmar-company-stub