“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. 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.”
Srini Nagarajan (Managing Director and Head of Asia)