Last Updated: July 8, 2024

International Group of Entrepreneurs (IGE) Company Limited

Address

No. 36-G, 37-F, level-20, Office Tower (2), Time City, Corner of Kyun taw Street and Hantharwaddy Road, (7), Quarter, Kamayut Township, Yangon, Myanmar, WEB[www.ige.com.mm] PHONE[+95775111112] (Place of registration: Myanmar/Burma)

Linked to

https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=uriserv%3AOJ.L_.2022.040.01.0010.01.ENG&toc=OJ%3AL%3A2022%3A040%3ATOC

Official reason

International Group of Entrepreneurs (IGE) Company Limited is a private conglomerate founded and chaired by U Nay Aung, who is closely connected to the top leadership of the Myanmar Armed Forces (Tatmadaw). IGE is active in key infrastructure industries such as telecommunication and energy, as well as in the agriculture and hospitality fields. IGE...

Other Information

(Date of UN designation: 2022-02-21)

Date of listing

2022-02-21

Program information

Authority

EU

Program

Restrictive measures in view of the situation in Myanmar/Burma

Regime

EU country specific

Target State

Myanmar

Measures

Asset freeze and prohibition to make funds available, Restrictions on admission

Sanctions Portfolio

- All assets of the persons and entities listed in Annexes IV of Council Regulation (EU) 401/2013 should be frozen. It is also prohibited to make any funds or assets directly or indirectly available to them. The list of persons and entities concerned is included in the Financial Sanctions Database (linked). - Member States shall enforce travel rest...

Official Information

In view of the absence of progress towards democratization and of the violation of human rights in Myanmar/Burma, on 28 October 1996, the EU reaffirmed the restrictive measures already in place, which included an arms embargo, and introduced additional ones, such as travel restrictions and the suspension of high-level bilateral governmental visits ...

Program URL

https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A02013D0184-20210621&fbclid=IwAR0aIQnhLlfDnP0xn_quu9Lbspv8IE6NVrAMZlPRSROKs-MdZS6xhSJdTQI