As we consider the future, we acknowledge a need to accelerate innovation advancement. Frontiir constantly innovates to improve technology and also reduces users’ technical cost. Our hardware team designs and produces many products such as FCA, FCC, FCAC, FCG, LCO, FFO, FCS, FCSO, LCAC, LCAF to the technical market in Myanmar. All products connecting with the Myanmar Net internet network and these ICT products are designed and developed proudly in Myanmar by the Myanmar team.
UK’s CDC First Direct Investment In Myanmar
CDC, the UK’s development finance institution made its first direct equity investment in Myanmar with a US$30 million dollar investment into Frontiir Co. Ltd.
“At CDC, we firmly believe in the power of connectivity to help build the economic strength of communities and businesses. Frontiir’s expansion has been impressive, led by its experienced management – the team brings a great mix of commercial, innovative and social awareness to the table. CDC’s capital will help accelerate the business growth, helping it reach further remote regions.Srini Nagarajan, Managing Director and Head of Asia
This is CDC’s first direct equity investment in Myanmar. We are delighted to be creating long term partnerships in a country where our capital will make a meaningful difference to people’s lives.”
CDC makes its first direct equity investment in Myanmar, backing Frontiir