Vietnamese façade firm Eurowindow expands into Myanmar
Eurowindow, the Vietnamese doors and facades maker, will open a representative office and showroom in Yangon, its first ever overseas office, on March 16. It is also planning to build a factory to meet anticipated market demand in 2019.
Eurowindow products have been widely used by thousands of customers and investors in tens of thousands of buildings in Vietnam, including the National Assembly Building, the Ministry of Foreign Affairs, international airports, hospitals,
schools, banks and high-class apartments buildings.
In Yangon, the company is looking to collaborate with businesses across the value chain. Distributors will be provided with sample products, training on production process, installation, updates on new products, new technology and high rate profit sharing, the company said in a statement.
Meanwhile, Eurowindow’s investment partners will be provided with equipment, technology transfer, product development, direct installation at construction sites and receive training annually to update with new technologies and products to increase market share.
The move is part of the company’s strategy to expand and transfer technologies to other developing markets in the region, starting with Myanmar and later including Laos and Cambodia and to export to countries like Japan and Australia.
Eurowindow sees opportunities in Myanmar as the country currently does not have its own specific standards for facade systems and most public buildings currently use normal door and wall systems made of PVC, aluminium, glass and wood. As such, the company expects to transfer its European standards and know-how to Myanmar.
Eurowindow will introduce its door and wall products with unique, premium features that are convenient for users and which will transform the appearance of new buildings in Myanmar during a seminar at Melia Hotel, Yangon, on March 16.
Source: https://www.mmtimes.com/news/vietnamese-facade-firm-eurowindow-expands-myanmar.html