MoCRD to implement five types of small business projects in Yangon Region

The Ministry of Cooperatives and Rural Development plans to implement five types of small businesses in eight townships in the Yangon Region during the 2024-2025 financial year, according to U Thet Naing Oo, a director at the Yangon Region’s Small Scale Industries Department under the ministry.
Small businesses such as sewing, motorcycle repair, bakery, restaurant, and home electric appliance repair and maintenance will be supported by providing technology and equipment, as well as necessary arrangements, to individuals until they are able to operate the businesses independently. The project will include the townships of Dagon Myothit (South), Thanlyin, Twantay, Hmawby, Hlegu, Taikkyi, North Okkalapa, and Htantabin in the Yangon Region.
“Yangon Region will see the implementation of 16 small manufacturing projects during this financial year. Sewing and baking industries will be introduced in Dagon Myothit (South), Thanlyin, Twantay and Hmawby townships. Similarly, motorcycle repair businesses will be established in Hlegu, Taikkyi, and Hmawby townships. In addition, restaurants and tailoring businesses will be introduced in North Okkalapa, Hmawby, and Htantabin townships. Home electric appliance repair and maintenance services will be implemented in Dala, Hmawby, and Thanlyin townships,” said U Thet Naing Oo.
The small businesses being introduced in the Yangon Region include projects aimed at increasing the income of women, creating jobs for young people, supporting micro and small businesses, implementing ‘one region-one product’ initiatives, and establishing model villages to further increase income. — ASH/TH