Yangon Reigonal Government Is To Rebuild Myanmar Convention Centre

Yangon Regional Government is going to rebuild Myanmar Convention Centre located on Mindhama Road, said Chief Minister of Yangon Region.

Current venues for international exhibitions and fairs are not ideal due to the lack of facilities, space and the difficulty in transport. The regional government plans to construct halls which are easily accessible via land and water transport.

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Concerted efforts are being made to build a hall near Nga Moe Yeik creek that can be accessed through the river and on road. On the other side, the Regional Government is exploring the possibility of using old factor plants and transforming them into exhibition venues, with car parks and restaurants, among other facilities, Chief Minister U Phyo Min Thein said.

Besides, the Yangon City Development Committee will demolish the Myanmar Convention Centre and rebuild a modern one. The reconstruction is expected to finish next year.

Gems and jewellery are popular internationally, but there is no recognition of Yangon as a gems and jewellery market. Therefore, the government is trying to encourage and facilitate hosting sector-based fairs each and every month in order to bolster the city’s economy.

Hong Kong does not produce jewellery but host a lot of jewellery merchants. Every year, Myanmar merchants go to Hong Kong and buy diamonds and resell locally.

The government needs to streamline the visa process for foreign merchants coming in to Myanmar. In addition, concerted efforts are needed to make in the gems and jewellery sector in order to sell their goods to be transported into the Myanmar and in order to open their offices in the country.


Credit :Myanmar Time and Social
Translated by: iMyanmarHouse.com