Hong Kong based mostly international obligation free operator DFS has secured a 10 yr unique provide and merchandise deal for airport shops in Myanmar.
The deal was negotiated with Singapore Windsor Holdings, which is increasing in a various vary of companies in Myanmar, together with serviced workplaces, telecommunications and tourism providers.
By the top of this yr, DFS will function virtually 2000sqm of obligation free retail area at Myanmar’s two major airports – Naypyitaw, the capital, and Yangon, the previous capital and principal business centre.
New retailers can be opened within the present departure and arrival terminals of Yangon Worldwide Airport.
Singapore Windsor says these shall be outmoded by a bigger retailer when the brand new terminal at Yangon opens later this yr.
That terminal is predicted to deal with 3 times the present passenger visitors of the prevailing airport.
With merchandise from over 700 manufacturers promoting in 420 places, DFS Group is likely one of the largest obligation free retailers on the planet. Greater than 200 million individuals visited DFS shops final calendar yr.