The Authentic Group of Companies is Myanmar’s superb conglomerate, offering quality products and highly specialized services in the construction industry.Founded in 2009, in Yangon, as the first part of this renowned conglomerate, the Authentic Construction Company specializes in the industrial and commercial sector, focusing on factories,apartments,hotels and residential buildings. The Group was enlarged with the Authentic Trading Company, initially established to provide the construction materials, such as steel structure, construction chemicals and flooring systems, necessary for the construction projects of the company. Aung Myo Hein, Founder and Managing Director points out, “Our group of companies is 100% privately owned”.
“We decided to extend our activities in water and wastewater engineering fields, setting up a branch company named Authentic Water and Wastewater Co. in 2012”, Aung Myo Hein explains. The company worked closely with the Government in the execution of different water treatment and water supply projects. He adds, “We are the first private company to participate in the water sector and that is how we help the country”.
The company also invested in production facility, managed under the name Authentic Production,manufacturing HDPE pipes, uPVC pipes, PE water storage and septic tanks. Aung Myo Hein emphasizes, “Authentic Group is a leader in the production of HDPE in Myanmar, and a producer of the biggest pipe size in the South-East Asia Region. We are working hard to become one of the top players in all Asia”.
Authentic Group of Companies engages approximately 540 employees,working in the Headquarters located in Yangon and the Branch Office in Naypyidaw. The company noteda significant increase in turnover and annual revenues in recent years.
Putting the quality on the pedestal of success
The Group is committed to satisfying customer needs with reliable services, cost effective technologies and environmental protection. Aung Myo Hein explains, “Considering that foreign companies and associations are coming to Myanmar, our products must be qualified in order to be used in their projects. This is why we need the international certification”. The company acquired the ISO 9001:2008 management certificate and runs the procedures of receiving the intended conformity certificate.
The Group’s future strategy is to create close relations with clients and partners from Europe. He says, “There are many opportunities to invest in Myanmar, so now we need more technology and investments from Europe”. He concludes, “We are proud of our experience, our network and our engineering services. We create top-quality products and then act to make them market leaders. We are building our brand awareness by training our staff to take great care about the clients and create high quality service. We provide all the advantages for the customer and this brings us to our success”.