Hong Kong listed company visits Bago Region for factory construction

Bago Region Chief Minister discusses construction of a paper production plant with Lee & Man Manufacturing Co. Chairman. photo: Tin SOe
Bago Region Chief Minister discusses construction of a paper production plant with Lee & Man Manufacturing Co. Chairman. photo: Tin SOe

Mr. Raymond Lee, Chairman of Lee & Man Manufacturing Co. Ltd, a Hong Kong listed Chinese private papermaking company, and his delegation were welcomed by Bago Region Chief Minister U Win Thein at the Chief Minister’s guest hall in the Bago Region Government’s office on 18 May. Mr. Lee and his delegation were here to find suitable area to construct a paper production plant in Bago Region.
At the meeting, Mr. Lee explained that their company has bamboo-based production plants in China and Viet Nam that do not have wastage, their waste byproducts are not disposed outside, and they do not harm the natural environment.
He said the waste from the production plants are used to fuel the electricity for the plant itself so they will not need to be connected to an external power supply.
He said the production plant requires 3,400,000 squaremeter and they will adhere to the government’s administration. If the permit for the plant construction goes through, the company will send 3,000 local residents of Bago to attend a one-year training course in China and the company will make investment in the project.
The Chief Minister then expressed his gratitude for the foreign investment venture as the lack of job opportunities in the area has resulted in local youths travelling to foreign countries to seek jobs. He said the government will provide full support in accordance with the law. — Tin Soe (Bago)

Share this post

Comments

Hot News
Hot News