Yangon, Myanmar, 6 November 2018 – The Republic of the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI) is organising a two-day summit on 28 and 29 January at Myanmar International Convention Centre II in Nay Pyi Taw, Myanmar. The summit will provide international and local investors with the opportunity to discover the business potential of Myanmar.
The summit is a collaboration between the government and Myanmar’s private sector to generate greater awareness on the investment opportunities and climate of Myanmar. In August 2018, the Ministry of Planning and Finance published the Myanmar Sustainable Development Plan (2018-2030) – a master economic framework for the country. One of the features of the MSDP is the reference to the National Project Bank, which is a collection of strategic investments for the country that will be prioritised in an investment-ready format. The Invest Myanmar Summit will shed light on the National Project Bank and the opportunities it holds.
U Zaw Min Win, President of UMFCCI said: “Invest Myanmar Summit 2019 is the first of its kind to have participation from the Union as well as Regional Governments of Myanmar and the business community. This creates an excellent platform where the government and Myanmar private sector to join hands to present a united front to the international community and provide them with accurate information on investing in Myanmar.”
At the summit, the Union Ministries, Regional Governments from 9 states and divisions of Kayin, Chin, Mon, Rakhine, Shan, Yangon, Mandalay, Ayeyarwady and Tanintharyi as well as the Myanmar Investment Commission and the Directorate of Incorporation and Company Administration will be in attendance to welcome international investors from Australia, China, Europe, Hong Kong, India, Japan, Korea, Singapore, Thailand, the United Kingdom, the United States and the European Union, which are the promoted countries and regions. Projects from the National Project Bank as well as Regional investment projects will be on display at the event.
Local businesses from eight targeted industries – Manufacturing, Garment (CMP), Power Generation & Distribution, Tourism, Education, Food Processing & Fishery, Healthcare and Infrastructure & Property – will also be in attendance with the purpose of attracting investment to expand their businesses.
U Wai Phyo, Chairperson of Invest Myanmar Summit said: “One of the key differences of the summit from others is the focus on actionable deals and doing business. We want actual business to happen at the event and will be facilitating investment opportunities for investors as much as we can. We have both Union and Regional level governing bodies participating in the summit, and we aim to be the platform for the businesses to meet with potential partners, and for investors to have access to Union, Regional and private sector business projects.”
Invest Myanmar Summit 2019 is expecting 800 participants – international and local investors, business owners, government officials and local businesses from targeted industries and regions.
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ABOUT THE SUMMIT (https://investmyanmar2019.com/)
Invest Myanmar Summit 2019 is a collaboration between the Union Government of Myanmar, the Region States of Myanmar and the business community to create a platform for businesses to meet. The two-day event is designed to provide international and local investors with the opportunity to discover the investment potential of Myanmar. It is a platform where Regional Government officials will also showcase business potential in their own States.
ABOUT THE ORGANISER (http://www.umfcci.com.mm/)
The Republic of the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI) is a national level non-governmental organisation which represents and safeguards the interests of the private business sector. It acts as a bridge between the state and the private sector, presenting the views and interests of businesses to the Union Government.
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