Chit Khaing

Who is Chit Khaing?

Chit Khaing is a Burmese business tycoon and managing director of Eden Group, one of Myanmar's largest conglomerates. He also serves as a director for Asia General Electric, founded in 2008 to manufacture transformers and electrical switches.

He is known for his close relationship with the former ruling junta, the State Peace and Development Council. He is believed to have funded the wedding of Thandar Shwe, Than Shwe's daughter. Eden Group was one of 8 indigenous companies to construct Naypyidaw, the country's new capital. In exchange, the Burmese government granted Eden Group several highly coveted licenses to import automobiles into the country.

Chit Khaing is subject to European Union, British and American economic sanctions.

In the early 1980s, he entered the restaurant business by opening Eden restaurant in Rangoon. In the late 1980s, Chit Khaing was jailed briefly for his participation in the 8888 Uprising. He founded a construction company, Eden Group, in the mid-1990s.

Chit Khaing formerly owned Delta United FC, a football club in Ayewarwady Region.