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Myanmar Economic Monitor June 2019: Building Reform Momentum

“Acceleration of the reform agenda as envisioned in the Myanmar Sustainable Development Plan, along with targeted public investments and private sector participation, will lead to a consolidation of macroeconomic stability and help Myanmar maintain its positive momentum and meet its long-term growth targets.” Ellen A. GoldsteinDirector for Myanmar, Cambodia and Lao PDR, World Bank Myanmar. …

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Myanmar Yangon Automobile Industry

Toyota to build factory in Myanmar

Seeing the potential in Myanmar’s automobile market, Toyota Motor Corp has plans to establish a factory in the Thilawa Special Economic Zone. The Japanese corporation joins a growing number of automakers with factories in the country. Analysts believe Myanmar’s demand for cars can match neighbouring Thailand’s, where about 1 million automobiles are sold annually. Sales …

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U Aung Naing Oo DICA

On the Investment Climate and Business Environment in Myanmar – U Aung Naing Oo, Director-General, DICA

On Day Two of the Invest Myanmar Summit 2019, U Aung Naing Oo, Director-General of the Directorate of Investment and Company Administration provided an in-depth summary of the reforms that have been passed by the government, and their positive effects on the investment environment in Myanmar. More on his presentation can be found in the …

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Myanmar investment

Myanmar Looks West

In a recent London forum organised by the Myanmar chapter of the British Chamber of Commerce, Myanmar’s government courted European investors and businesspeople, stressing that the investment climate is now much more welcoming and positive for international investors. The forum, held outside of Asia, was a first for the government and demonstrated its determination to …

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Myanmar Investment State Counsellor

The Official Invest Myanmar Summit 2019 Event Gallery

The Invest Myanmar Summit 2019 is Myanmar’s first truly national investment conference, a historic collaboration between national, regional and state governments and Myanmar’s private sector. The two-day event opened on 28 January 2019 with over 1,600 international and local delegates, and 40 exhibitor companies in attendance. Nearly 200 national and regional projects are on display …

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Rakhine Investors

Investors could channel up to US$4.9 billion into Rakhine this year

During both the Invest Myanmar Summit 2019 and the recent Rakhine State Investment Fair, the government has stressed the need for sustainable development in Rakhine State. Spurred by such encouragement, 28 Expressions of Interest were signed during the Rakhine State Investment Fair by foreign and local companies eager to participate in the State’s budding economy. …

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Rakhine State Investment Fair

Keynote Speech by H.E. Daw Aung San Suu Kyi, State Counsellor at the Rakhine State Investment Fair

On 22 February 2019, State Counsellor H.E. Daw Aung San Suu Kyi was present at the inaugural Rakhine State Investment Fair 2019 to deliver an optimistic keynote speech which urged investors to seek responsible, sustainable opportunities to further the development of Rakhine State and Myanmar. The full transcript of Daw Aung San Suu Kyi’s speech …

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U Thaung Tun Investment Myanmar Rakhine

Keynote Address by H.E. U Thaung Tun, Union Minister for Investment and Foreign Economic Relations at the Rakhine State Investment Fair

On 22 February 2019, H.E. U Thaung Tun, Union Minister of Investment and Foreign Economic Relations, and Chairperson of Myanmar Investment Commission, delivered the keynote address at the inaugural Rakhine State Investment Fair 2019. The full transcript of his address follows. Rakhine State Investment Fair 2019 22 February 2019 Thandwe, Myanmar Excellencies, Distinguished Guests, Ladies …

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