Union Minister U Aung Naing Oo inspects investment activities in Kachin State

Union Minister for Investment and Foreign Economic Relations U Aung Naing Oo met with the Chairman and members of Kachin State Administration Council and Kachin State Investment Committee members at Malikha’s meeting room of the office of Kachin State Administration Council on the morning of 14 June 2021.
At the meeting, the Union Minister discussed the investment promotion and facilitation matters to promote the State economy in accordance with the Myanmar Investment Law, rules and regulations, and urged the State Committee to monitor and provide necessary assistance to the existing investment and to attract the new investment for job creation and income generation for local people. He also encouraged to facilitate the citizen investment in manufacturing and service sectors by creating investor friendly environment.
After that, Chairman of Kachin State Administration Council and Chairman of State Investment Committee, U Khet Htein Nan updated the current investment activities undertaken by the Committee and the future investment plan. Then, the State Committee members discussed the investment promotion and related issues, and the Union Minister coordinated the investment matters.
In his inspection tour, the Union Minister inspected the logistics services of KEP Logistics Co., Ltd at Waingmaw Township, Kachin State on 13 June 2021. U Yi Li Mee, Executive Director of Kachin Entrepreneurs’ Public Co., Ltd and Daw Emma Ja Brim, Executive Director of KEP Logistics Co., Ltd presented the current investment activities and future plan of the company, and the Union Minister coordinated and facilitated the business for the smooth operation of the company’s logistics services.
The Union Minister and Chairman of State Administrative Council U Khet Htein Nan also met with the Ethnic Entrepreneur Association on the morning of 14 June 2021, and coordinated the trade and investment promotion and facilitation matters.
In the evening, the Union Minister visited to Clean Power Energy Co.,Ltd at Thapyewa Village-Tract, Thazi Township, Mandalay Region and inspected the generation and distribution of 30 MW Solar Power Plant. —MNA