MIFER Union Minister meets investment committee members in Taninthayi Region

Union Minister U Aung Naing Oo for Investment and Foreign Economic Relations discussed investment matters with the region Chief Minister and Taninthayi Region Investment Committee members at the region government office on 7 February.
The Union minister highlighted investment facilitation, compliance with investment norms issued by the Myanmar Investment Commission, matters related to Myanmar Investment Law, rules, regulations and investment policy, investment promotion for the regional development and scrutinizing those endorsed investment projects under the existing law at the meeting held on 7 February 2022.
Afterwards, Taninthayi Region Chief Minister U Myat Ko, in his capacity as the chairman of the region investment committee, addressed investment promotion and future prospects. The Union minister answered the questions raised by committee members.
Officials of Myeik Public Corporation Limited elaborated matters regarding the fish auction market, the establishment of an industrial park for fish processing and water supply projects in Myeik District. The Union minister gave instructions to fulfil the needs under the law.
In the afternoon, the Union minister inspected the highway bus terminal and construction and lease of the shops in the terminal operated by Khant Shwe Pyi Company Limited in Thabyaychaung village-tract, Dawei city. Company Director U Zaw Bo Khant described performance activities and future plans. The Union Minister coordinated the reported investment matters as well.
The Union Minister inspected working procedures at the regional office under the Directorate of Investment and Company Administration and directed the work activities to the staff.
On the morning of 8 February, U Aung Naing Oo visited Dawei Shwe Phyi Company Limited, the wholly domestic investment made by Myanmar Citizens and endorsed by Taninthayi Region Investment Committee in Thabya village-tract in Dawei Town. He inspected the production and distribution activities of ribbed smoked sheet rubber (RSS-1,2 and 3) and Company Director Dr Yu Sein reported on the challenges in the business and future process. The Union minister instructed the officials to discuss investment matters and fulfil the needs. — MNA