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September 22, 2018

MIC Chairman meets four foreign chambers of commerce

Chairman says MIC will be ‘transparent’, take ‘proactive approach’, and promote ‘responsible investment’

Union Minister U Thaung Tun, centre, Chairman of the Myanmar Investment Commission, talks to chambers of commerce from the United States, Australia, Britain and Europe in Yangon yesterday. Photo: MNA
Union Minister U Thaung Tun, centre, Chairman of the Myanmar Investment Commission, talks to chambers of commerce from the United States, Australia, Britain and Europe in Yangon yesterday. Photo: MNA

Chairman of the Myanmar Investment Commission Union Minister U Thaung Tun said that the MIC, under new management, will be “transparent”, take “proactive approach” and promote “responsible investment”.
Speaking at a meeting organised by the American Chamber of Commerce, the Australian Chamber of Commerce, the British Chamber of Commerce, and the European Chamber of Commerce at the Melia Hotel in Yangon yesterday, the MIC Chairman stressed that, with the launching of a number of significant steps, Myanmar is now open for business. He pledged that MIC will be “more efficient and investor-friendly”.
He underscored investment opportunities in Myanmar and urged foreign Chambers of Commerce to take advantage of the changes and invest in the country.
“Now is the perfect time to bring your investment to Myanmar”, he said.
The representatives of the foreign chambers also shared their perspectives as well as challenges that would need to be addressed. They also confirmed their desire to support Myanmar’s economic development and promote partnership with Myanmar.—Myanmar News Agency

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