Ten investors hold talks with Kayah State cabinet

A meeting between investors and Kayah State cabinet in progress in Loikaw. Photo: MNA
A meeting between investors and Kayah State cabinet in progress in Loikaw. Photo: MNA

TEN groups of investors called on Kayah State chief minister yesterday in Loikaw, seeking opportunities for investment in the state.
The investors included two cinema companies, three marble production companies, one company seeking to set up an adventure tourism business in Pon Chaung, one company growing perennial trees, two companies involved in hotel businesses, and one company engaged in mining and agriculture businesses.
The companies called on the Kayah State cabinet, led by Chief Minister U L Phaung Sho, following the Kayah State Investment Forum that concluded on Saturday. The film companies proposed to run cinemas in the state within a year. Ardent Alliance Co. Ltd. proposed to set up an adventure tourism business in Pon Chaung to attract tourists to the natural beauty of Pon Chaung in Bawlake District.
The investors also expressed their interest in the production of marbles of international standards. They also discussed prospects for hotels and mining businesses in the state.
To promote investment in Kayah State, the Kayah State Investment Forum was held on Saturday at the State Hall in Loikaw, Kayah State. It was jointly organised by the Kayah State government and the Kayah State Investment Committee, supported by the Myanmar Investment Commission. The Kayah State government is working to establish an international trade centre.
The main objectives of the forum are to promote investment in Kayah State effectively and develop a linkage between local businesses, and potential local and foreign investors.—Sai Nyan Lin Hut

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