Cyclone Nargis, a strong tropical cyclone that caused the worst natural disaster in the recorded history of Myanmar, made landfall in the south-western coast of the country on 2 May 2008, leaving catastrophic destruction and massive loss of lives.
Headed by its Chairman, employees of Htoo Group of Companies provided emergency relief supplies to the survivors in one of the hardest hit areas of Bogalay Township in the Ayeyarwaddy division. Htoo Group of Companies spent over US$ 8.0 million for the reconstruction of Schools,Hospitals,Monasteries, Government offices,etc., in Bogalay Township.
Htoo Foundation was established on the 5 th of May 2008 by U Tayza Chairman and 4 Vice Chairmen from Htoo Group of Companies with the endowment of 5000 lakh kyats.The objectives are to conduct and assist in Health, Education, Culture,Ragional Development, Preservation of the National Habitat and offer Emergency assistance in a Natural Disaster should occur.
Htoo Foundation is now actively participating in humanitarian works and providing help in the promotion of Education, Culture,Health care and Regional development in remote areas of the country. Htoo Foundation established vocational schools in remote areas and is helping to promote the living standards of the local people by creating job opportunities for them.