October 04, 2016

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42nd Session of 2nd Amyotha Hluttaw held with discussions over project budget allocations, water works

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THE 2nd Amyotha Hluttaw met for its 42nd session yesterday where a query was raised by U Khin Maung Latt of Constituency 3, Rakhine State on whether there were any plans to implement projects such as paddy cultivation development projects with monetary subsidies or loans from the World Bank, ADB or other banks in Ponnagyun Township, Rakhine State.
Dr Tun Win, deputy minister for Agriculture, Livestock and Irrigation replied that the ministry would implement such projects under the national budget and allied countries’ loans if the plan bears fruit.
The deputy minister added, “For the storage and distribution of fresh water in Ponnagyun Township, the Khami Kyein Chaung reservoir has been built with several embankments repaired. The Tabet Hlan Lethamar, the Kha Maung Taw and Kyauk Seik Pyin embankments will be repaired in the near future.”
In regard to the question raised by U Kyaw Than of constituency 10 Rakhine State, the deputy minister replied, “to repair 43 ruined embankments, the authorities need to embank 16,000 feet in total, hence the need to block Tein Creek. For the implementation of the works, the ministry will carry out the process by asking for a budget allotment from the State Government Fund’s for the 2017-2018 fiscal year.”
Concerning the question asked by U Tet Tun Aung, constituency 2 Rakhine State, the deputy minister replied, “An area survey needs to be launched to build a new dam and the estimated cost must be calculated in detail. It is impossible to do so in this fiscal year. It will be carried out in the 2017-18 financial year as a priority, if it is deemed likely to be fruitful.”
In regard to the query made by U Zaw Min Latt alias U Ko Latt of constituency 1, Shan State, the deputy minister answered, “To open up a bank (branch) in Yat Sauk Township – there is no plan for the time being, for many reasons – the need for staff, buildings and general budget concerns.”
U Sun Myint, member of the Law Drafting Committee, read out the report with findings and comments by the committee on the draft of the Myanmar Investment Law as approved by the Pyithu Hluttaw.
Hluttaw Speakers invited interested parliamentarians to discuss the draft and decided to hold that discussion during its 43rd session.


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