About FMIDecaux Company Limited
FMIDecaux is a joint venture between JCDecaux, the number one outdoor advertising company worldwide, and its partner First Myanmar Investment Co., Ltd. (FMI), Myanmar’s first listed company.
Our Presence in Myanmar
FMIDecaux, of which 60% of the capital is owned by JCDecaux and 40% by FMI, was awarded in early 2018 as the exclusive operator for advertising bus shelters and City Information Panels (CIPs) in Yangon city.
FMIDecaux will design, install, operate, and maintain bus shelters and CIPs across Yangon city. The provision of all street furniture is backed by second-to-none cleaning and maintenance. The whole duration of the project is financed by advertising according to the business model invented by JCDecaux in 1964. This contract will be of no cost to Yangon city or its citizens.
JCDecaux was founded in 1964 by Mr Jean-Claude Decaux, the inventor of the Street Furniture concept. The underlying idea: to install and maintain high-quality street furniture in public areas and to operate part of these installations for advertising purposes. A family-owned company, JCDecaux has now become the number one outdoor advertising company worldwide.
More than 80 countries
1,074,113 advertising panels
€3,472m 2017 revenue