Business outlook bright for Singapore firm

Mr Jimmy Teo, Group Managing Director of Krislite Pte Ltd

Myanmar's modern Parliament House, in the capital Naypyidaw, is brilliantly lit, thanks in part to a Singapore firm.

Lighting specialist Krislite, with the help of its local business partner in Myanmar, had a hand in designing and installing the lights at the expansive building.

The firm has been behind the lighting of many key buildings in Myanmar such as the Bagan Viewing Tower and the Uppatasanti Pagoda, also in Naypyidaw.

Krislite made its foray into the country in 1994 when Myanmar was relatively open, winning several government projects.

When restrictions were imposed, Krislite decided to remain, even though many others packed up.

"We decided to stay put. We had already set up a logistics support function to supply the projects," said managing director Jimmy Teo (right).

Myanmar brings in a significant chunk of the firm's annual turnover, he revealed.

Krislite's decision to retain its presence puts it in pole position to grow its business in Myanmar.

Mr Teo's brother Sims has been entrusted with growing the office there, together with an initial team of around 10.

Mr Jimmy Teo said it plans "to have more lighting business and employ more marketing staff".

"We aim to expand beyond government projects to the private sector, such as hotels and shopping centres."


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