Zaw Win Shein (; born 1978) is a Burmese businessperson best known for founding Ayeyar Hinthar Holdings. He was born and raised in the Ayeyarwady Delta Region; Hinthada Township, which is Myanmar's main rice-producing region. At the age of 16, after his matriculation, Zaw Win Shein worked as an apprentice in his parents' agricultural products and rice export business. His father is U Thann Sein. Zaw Win Shein embarked on his business journey at 19, borrowing a few hundred thousand dollars from his parents to establish Seven Aluminium Company in 2006, addressing the scarcity of construction materials and quality aluminum fabrication in Myanmar. In 2007, he initiated Ayeyar Hinthar Trading Co., exporting high-quality rice and agricultural products, and capitalizing on government policy changes.
Ayeyar Hinthar Trading became a leading rice exporter within three years, generating $60-100 million in annual gross revenue. The government's market reforms further boosted his import business, reaching $100-150 million in annual revenue.
Today, Ayeyar Hinthar Trading is a key player in the rice and palm oil trade in Myanmar and the region, known for quality and sustainability. Zaw Win Shein's investments extend to healthcare, with Victoria Hospital in 2011, promoting economic development with Pathein Industrial Project in 2012, and supporting farmers and SMEs through Ayeyarwady Farmers Development Bank in 2014. With the growth of the Group's business in the various industry sectors, it was timely to undertake a restructuring exercise to consolidate them into a Holdings entity. At the end of year 2014, the holding company, Ayeyar Hinthar Holdings Co. Ltd, was incorporated.
In 2015, Zaw Win Shein partnered with Soil Build Group for the Rose Hill Condominium Project. His commitment to innovation and international collaboration led to ventures like the Y-Complex in 2017 and the Shweli 3 Hydropower Project in 2018. In 2019, Ayeyarwaddy International Industrial Port Co. Ltd. was established to facilitate the export of agricultural products.
Zaw Win Shein's contributions earned Ayeyar Hinthar Group recognition as a top taxpayer showcasing his impact on Myanmar's economic landscape since 2006.
Early life and education
Zaw Win Shein was born on 15 November 1978 in Hinthada Township, Irrawaddy Division, Burma (now Ayeyarwady Region, Myanmar), which is Myanmar's main rice-producing region. At the age of 16, after his matriculation, Zaw Win Shein worked as an apprentice in his parents' agricultural products and rice export business. His father is U Thann Sein.
Ayeyar Hinthar Holdings Group
Entrepreneurial Journey
At the age of 19, Zaw Win Shein completed his first academic year in Chinese Major at the Yangon University of Foreign Languages, Myanmar. While he was studying, he borrowed a few hundred thousand dollars from his parents as seed capital to start his own business. In 2006, he founded the Seven Aluminium Company to supply construction materials, aluminium fabrication, and installation works. At that time, Myanmar was short of construction materials and quality aluminium fabrication. In 2007, in order to promote his family-owned business, Zaw Win Shein formed his first company, Ayeyar Hinthar Trading Co., Ltd, exporting high-quality rice and other agricultural products abroad. Thus, helping to increase and distribute domestic products. The abolition of the quota system for Rice Export and the replacement of competitive market practices by the Government in 2007, helped the growth of the export business through Ayeyar Hinthar Trading Co., Ltd. Within 3 years, Ayeyar Hinthar Trading Co., became one of the top exporters for rice generating gross revenue of approximately US$60 million to US$100 million per year.
An international trading wing was set up in 2009 to export other agricultural products such as sugar, beans, and pulses from Myanmar. In 2010, the Government transformed the Vegetable Oil Import Market into the Open Competitive Market which is the same as the abolishment of the quota system for the import of palm oil. With this change, the import business grew rapidly and became one of the top 3 importers for vegetable oil within a year of the abolishment of the quota system. The import business activity alone posted the top-line figure of approximately US$ 100 million to US$ 150 million per year.