US companies likely to invest more in Mandalay

The recent meeting between Mandalay Region Chamber of Commerce and Industry (MRCCI) and representatives from US-ASEAN Business Council showed some hope for American companies coming to invest in Mandalay, said MRCCI Secretary U Okkar Kyaw.

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Officials from M andalay Region Chamber of Commerce and the delegation led by US Embassy’s Deputy Chief of Mission Mr George Sibley pose for a group photo after their meeting. Photo: Khine Set Wai

He added, “These representatives are opening offices in ASEAN nations.The Deputy US Ambassador urged American businesses to come invest in Mandalay. The MRCCI has an American Economic Center and ASEAN intends to work closely with them,” he added.
The meeting on 3 October was attended by the US Embassy’s Deputy Chief of Mission Mr George Sibley and seems to show the US’ interest to invest in Mandalay.
The business council delegation was led by its President & CEO Mr Alexander C Feldman with representatives from US companies Abbott, Amazon, Bower Group Asia, Chevron, Chubb, Coca-Cola, Diageo, Ford, Google, Jhpiego, MasterCard and Visa engaging in discussions with merchants and businesspeople from Mandalay.—Khine Set Wai

(Translated by Zaw Htet Oo)

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