Location

About Us

HAGL Myanmar is now a member of Vietnam's THACO Group. In 2018, HAGL transferred 100% ownership of the Myanmar Centre Project to THACO via its THADICO subsidiary. THACO will continue developing Phase 2, aiming to establish Myanmar Centre as a leading high-end complex featuring a trade center, offices, hotel, convention center, and apartments for rent. This project signifies a significant and pioneering investment by Vietnamese enterprises in Myanmar, focused on delivering sustainable value.

Image 1 Image 2 Image 3

Multi-industry THACO Group

Fully invests in HAGL Myanmar Project

With more than 22 years of development, THACO Group of Vietnam is a multi-industry group of which Mechanics and Automotive are two main businesses. The group also operates in other businesses that support each other to create synergy values and improve overall competitiveness including Agriculture, Construction & Investment, Logistics and Commerce & Service.

THACO AUTO

THACO is a leading automotive group in Vietnam (35% market share) with a global vision. We partner with international brands to manufacture and distribute a diverse range of vehicles (Kia, Mazda, Peugeot, BMW, MINI cars; BMW Motorrad; THACO, Mercedes-Benz, Iveco buses; Fuso, Foton trucks) through our nationwide network of over 300 showrooms. Our integrated value chain, from R&D to advanced manufacturing at the THACO Chu Lai Industrial Park, ensures quality and customization. We also operate 12 supporting industry factories producing key automotive components and actively export vehicles and parts internationally. Our strategy focuses on expanding within ASEAN, strengthening global partnerships, increasing localization, and evolving into a competitive multi-industry group.

THADICO's INVESTMENT & CONSTRUCTION

THADICO invests and develops traffic infrastructure projects and specialized industrial parks suitable with THACO’s multi-industry strategy, urban areas, residential properties as well as mixed-use real estate within an enclosed value chain from research and design, construction to management and operation.
At present, in Ho Chi Minh City, THADICO is the investor of main traffic infrastructure projects in Thu Thiem new urban area. Regarding urban area and industrial park development, we are investing in the 106-hectare Sala City, an ecological city with over 1,000 villas, shop houses and more than 5,000 apartments in Ho Chi Minh City; 1,200-hectare THACO Chu Lai Industrial Park in Quang Nam province; and nearly 200-hectare THACO Thai Binh Agricultural Industrial Park in Thai Binh province. We are also building and renewing urban areas in other big provinces in Vietnam, such as Ben Tre, Lam Dong, Quang Nam and Thai Binh provinces, etc.

THAGRICO & AGRO-FORESTRY DEVELOPMENT

In 2019, THACO established THAGRICO, the agriculture subsidiary that utilizes the industrial management framework, mechanized solutions and technology management to assist in large-scale organic agricultural production of fruits and cereals as well as the raising of cattle and pigs, meeting demands of local and export markets.
With 44,000 hectares of land for agricultural production in Vietnam’s Central Highlands and Cambodia, THAGRICO has cultivated 17,000 hectares of fruits, including 10,000 hectares of bananas, 4,000 hectares of mangoes, over 6,900 hectares of cattle farms and 350 hectares of pig farms.

THISO – COMMERCE & SERVICES Toggle Icon

THACO’s commerce business, THISO, supports the development of mixed-use and commercial real estate of THADICO and provides a retail channel for THAGRICO agricultural produce, while executing the “ONE DESTINATION – MULTIPLE SERVICES” retail model which combines automobile – motorcycle showroom complex.

THILOGI PROMOTES & LOGISTICS Toggle Icon

THACO established THILOGI to connect logistic services at Chu Lai in central Quang Nam to provinces in central Vietnam and Central Highlands and to various ports for exports; to supply logistics solutions for automobiles and agriculture to support THACO’s multi-industry strategy as well as its clients’ needs. Today, THACO Chu Lai Port is a centralized logistics hub in central Vietnam with full-package logistics services including sea port, road transport, warehouses, and international shipping routes to and from China, South Korea and Japan.

Accordion Image

ACQUIRING HAGL MYANMAR

As Myanmar opened to foreign investment, HAGL Myanmar initiated the ambitious Myanmar Centre Project on 7.3 hectares in Yangon, with a total investment exceeding USD 700 million. Phase 1, completed in 2015, introduced Grade-A office towers and a retail shopping center, followed by the Melia-managed 5-star hotel in 2016. In 2019, THACO Group acquired 100% ownership to upgrade Phase 1 and proceed with Phase 2. Upon full completion by the end of 2025, Myanmar Centre Complex will be a premier high-end development featuring approximately 730,000 square meters of construction area, including extensive commercial space (nearly 30,000 sqm), an office tower, a conference center (1,500+ capacity), and over 900 luxury apartments. This landmark project by Vietnamese enterprises is projected to generate USD 110 million in annual revenue and create over 1,000 jobs, contributing significantly to Myanmar's economic growth. We are currently accelerating construction for the Phase 2 completion, adhering to all local regulations.