The MADP At a Glance
Myanmar Automobile Development Public Company (MADP) was established on the 30th of September, 2014 by a group of entrepreneur shareholders with a capital investment of about 20 billion kyats. Even though the company’s history is not too along ago, its effective management team and employees are experienced with international companies, There are 106 member companies in MADP.
COMPANY OBJECTIVES FOR THE MADP
DAILS: 1. To create more job opportunities for the Myanmar population 2. To create qualified staff through foreign learning opportunities 3. To develop Myanmar’s Industrial and Automobile sectors 4. To contribute towards the growth of the Myanmar economy
SUBSIDIARY COMPANIES UNDER THE MADP
DEPARTMENTS: 1. MADP Engineering and Construction Co.,LTD. 2. MADP AIG Co., LTD. 3. MADP Motors Co., LTD. 4. MADP Distributing Network Co., LTD. OPERATIONAL BUSINESS: 1. Money Changer
CURRENT PROJECT Automobile Complex
MADP owns over 400 acres to establish the biggest Automobile Complex in Myanmar. Included are 12 factories to this project. The BRT truck terminal will use nearly 40 acres. The Highway Truck Terminal and Automobile Factory are also involved. The Agricultural Machinery will focus on domestic farmers. All of the factories will be built to international standards and with the latest technologies. The Sport Car Race Course could help control illegal racing. Budget Housing is intended for the employees’ benefit. There will be Corporate Social Responsibility (CSR) programs, such as is medical clinics, nursery homes, schools, playgrounds, public parks, sport theaters, a mini-cinema, and a fire station for emergencies.