Korea International Cooperation Agency (KOICA) handed over a final master plan, which aims to activate the trade and investment sector in Myanmar and establish the Myanmar Trade-Investment Promotion Agency (MYANTRA), to the Myanmar government yesterday.
KOICA focuses on sharing the economic development experiences of Korea with Myanmar, which has the most promising growth potential among the Southeast Asian Nations.
Through the Project for Establishment of a Master Plan for Myanmar Trade-Investment Promotion Agency (MYANTRA) and Capacity Development for Trade Investment Promotion, KOICA has managed to establish a master plan to present a detailed action plan for Myanmar’s six major export industries (Textile / Forestry/ Fisheries / Tourism / Jewelry / Agricultural processing industry). This master plan also includes consulting on organisational design of Trade-Investment Promotion Agency as Korea’s KOTRA. The ceremony was attended by by Dr. Than Myint, Union Minister for Commerce, JaekyungYoo, Ambassador of the Republic of Korea in Myanmar, Euicheol Shin, Chief Representative of KOICA Myanmar office, Wonseok Yoon, general manager of KOTRA and officials.