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September 21, 2018

Chin State gov’t seeks ways to promote investment

Chin State Chief Minister Salai Lian Lwal poses for the photo together with attendees of the workshop on promoting invesment held in Haka on 11 and 12 June. Photo: Haka District IPRD

The Chin State government has urged various departments to explore possible sectors for investment in the state and to draw strategies to attract investment to the state. In his opening address during the two-day workshop on promoting the investment sector in Chin State held in Haka on 11 June, Chin State Chief Minister Salai Lian Lwal said the government would explore investment opportunities in the state and would establish business zones.
The workshop was jointly conducted by Chin State Directorate of Investment and Companies Administration, DaNA Facility. Haka in Chin State owned the prospects to build a 5,000-tonne cement plant, according to the survey carried out from 17 October 2017 to 31 March 2018. The cement plant, which is expected to produce 5,000 tonnes per day, can benefit not only Chin State but also the nearby Magway and Sagaing regions by cutting down transport costs, as they currently have to transport cement from far away regions in Myaingkalay in Kayin State and Kyaukse in the Mandalay Region. The limestone mountain has an area of 36.8 square kilometres and houses 511.13 million tonnes of limestone.
During his visit in May, Vice President U Henry Van Thio urged the local authorities to pay attention to minimising the environmental impacts when the factory is established.
He also urged the local authorities to promote community-based tourism businesses and the agricultural sector, as the agricultural products of Chin State are free of chemicals.
The coffee from Chin State is of 96 grade, while the world’s top grade and special grade coffees from Pyin Oo Lwin, Ywangan and Thandaung areas are of 84 to 86 grade.

Haka District IPRD

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