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DFS wins Myanmar contract

By Sarah Chen
1 min read
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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.

Questions & Answers

Q.

Which company did DFS negotiate this deal with?

A.

The deal was negotiated with Singapore Windsor Holdings, a company that is also expanding into serviced offices, telecommunications, and tourism services within Myanmar.

Q.

What is the total retail space DFS will operate in Myanmar by the end of the year?

A.

By the end of this year, DFS will operate almost 2000 square metres of duty-free retail space across Myanmar's two main airports, Naypyitaw and Yangon.

Q.

Where will DFS open new shops in Yangon?

A.

New retailers will open in the existing departure and arrival terminals of Yangon International Airport, before being replaced by a larger store in the new terminal later this year.

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