In a bid to boost foreign investments including Yangon New City Project, the Yangon Investment Forum 2018 is going to be held on May 9, said U Phyo Min Thein, Chief Minister of Yangon Region.
U Phyo Min Thein made the announcement during the 16th regular meeting of Vice President U Myint Swe with Myanmar entrepreneurs last Monday at the office of the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI).
“The Yangon region government receives enquiries from foreign investors, and some are heavy enterprises with many affiliated companies. We will focus on those enterprises within three years. We will suggest new industrial zones and provide information on the labor market situation. The effort to enhance foreign investments is the first priority of the Yangon region government,” said U Phyo Min Thein.
The Forum is the first time ever that is held by the Regional Government and will be held annually. It is earmarked to attend by the 500 domestic and foreign businessmen to the Forum. The Forum will be held by the Yangon regional government. The theme of the Forum is to implement Investment Hub in Myanmar which reflects the significance of Yangon Region in terms of investment opportunities for investors, both domestic and foreign.
Credit: The Mirror Translated by: iMyanmarHouse.com
