M&AOSB Inaugurates its Corporate Social Responsibility Program in Nanttharpu Village
Myint & Associates Offshore Supply Base Limited (M&AOSB), kicks off its inaugural CSR initiative to build a one-storey, 90’ x 30’ new school building in Nanttharpu Village Tract, which will host the offshore supply base (OSB). Nanttharpu Village Tract is home to a sub-middle school (Grade 1 to Grade 9) and has a student population of 318. M&AOSB completed a needs assessment with the intend to support the development of the education sector in the Nga Yoke Kaung region whereby children in the community will no longer have to commute far in pursuit of education.
In June 2017, M&AOSB received a permit from the Myanmar Investment Commission (MIC) to build and operate an OSB, which is a critical piece of infrastructure to support the burgeoning oil and gas activities offshore Myanmar. “Even though the OSB is yet to be built, M&AOSB has actively engaged local communities and assessed the prevailing situations regarding education, health, and livelihoods in order to begin investing in social programs. First and foremost, we have decided to invest in education as M&AOSB will soon require human capital to operate long term in the region,” states Daw Kyisin Htin Aung, Corporate Affairs Manager.
M&AOSB is in its investment phase and it will be some time before any returns on investment are reaped. However, the company has committed to a CSR program that will, in every way, bring benefits to the host community.
A ground-breaking ceremony to commemorate the beginning of the school building construction was held on 25 January 2018, where government officials, local community members and M&AOSB representatives were present. Construction will be completed within three months and then transferred to the Ministry of Education.