A memorandum of Understanding (MoU) signing ceremony was held in Maungtaw yesterday for the construction of Kanyinchaung Economic Zone in Maungtaw Township, a State government guesthouse and other buildings near Thandwe Airport in Ngapali.
State Chief Minister U Nyi Pu delivered the opening speech inviting businesses to continue to invest and cooperate in the regional development. He said the State government was collaborating with both domestic and foreign investors and stressed the clauses in the MoU would be given priority. Next, State Minister for Finance, Revenue, Planning and Economy U Kyaw Aye Thein discussed the details of the MoU, followed by explanations by Kanyinchaung Economic Zone Construction Subcommittee Vice-Chairman U Aung Myint Thein and the general manager of Su Htoo San Construction Co. Ltd.
Later, the MoU was signed by the secretary of the State government and officials from Kanyinchaung Economic Zone Construction and Su Htoo San Construction Co. Ltd, while being observed by the chief minister.
Tin Tun (District IPRD)