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February 26, 2018

Pyidaungsu Hluttaw debates over refinery, fertilizer factories issues

Deputy Minister for Planning and Finance U Maung Maung Win.
Photo: MNA

The topic of sub article 2 of the 2017-2018 fiscal year’s National Planning Bill was put up for consideration to Hluttaw representatives after the Joint-Bill committee issued an appraisal. Deputy Minister for Electric Power and Energy Dr. Tun Naing stated the Department for Transport and Distribution of Oil and Chemicals’ Oil Refinery (1) (Thanlyin) and fertilizer factory (3) (Kyawswar) have been temporarily shut down after careful inspections by the Hluttaw.
A proposal was submitted to continue production for the fertilizer factory (1) (Salay) and Liquefied Petroleum Gas factory (LPG) (Minbu). The two factories are still running and tender contracts have been signed with allotted budget from the 2016-2017 fiscal year and are expected to arrive in the 2017-2018 fiscal year. The two tender contracts are also included in the allotted budget and after careful reviews it was found that possible conflicts could arise between the two contracted companies and therefore the contracts should be free from secession and the two factories allowed to continue running.
The fertilizer factory (2) (Kyunchaung) and methanol factory (Seikthar) are submitted for demolition and the fertilizer factory (4) (Myaungdagar) and fertilizer factory (5) (Kangyidaunt) were constructed from a loan budget from China and were constructed in 2010 and 2011, respectively. Daily production of natural gas is about 12 million cubic meters. Daily production of fertilizer is about 500 tonnes. The factory in Nyaungdon produces 9.5 million each and 300 tonnes of fertilizers daily, so therefore they should be allowed to continue running.
The LPG factory (3) (Kyunchaung) has been halted and production being shifted to LPG factory (2) (Nyaungdon) while Oil Chemical Plant (Tanpayarkan) will be put up to the Hluttaw for inspection.
Deputy Minister for Planning and Finance U Maung Maung Win, Deputy Minister for Agriculture, Livestock and Irrigation U Hla Kyaw and Union Minister for Industry U Khin Maung Cho discussed the factory matters.
The Speaker for Pyidaungsu Hluttaw announced that discussions and decision making concerning the aforementioned Bill will be conducted on the 15th day of the 2nd Pyidaungsu Hluttaw 4th Regular Meeting.
Daw Khin San Hlaing from Pale constituency answered questions concerning the “budget, basic considerations and policies of the National Budget Allowance Bill for 2017.” The price for a new motor vehicle minus tax is not too high as it ranges between Ks 20-30 million for each vehicle. The situation is such that we can afford new vehicles which can last five to ten years. That is why a proposal is urged to Government Departments to review and reconsider spending the national budget on endless repairs of old vehicles and to set up plans for purchasing vehicles with five to 10 service years in mind.
The capital for purchasing new motor vehicles will amount to just half of the billions allotted by the national budget on big and small repairs and about 300-400 vehicles can be afforded to be replaced annually. Maintenance for the new vehicles will not cost as much as the current older ones and the old motor vehicles can be auctioned off or melted in metal factories to recover a considerable amount of the national budget. The newer motor vehicles are also designed to save 50-70 per cent of gas, saving the national budget and they are designed with better safety in mind for its passengers. Concerning the aforementioned Bill, twelve Hluttaw representatives engaged in discussions.
Afterwards, Deputy Minister Dr. Tun Naing and Deputy Minister U Maung Maung Win discussed the topic of a “Euros 23.883 million loan from Germany’s KFW Development Bank sent by the President for Ministry of Electric Power and Energy and Ministry of Planning and Finance to provide adequate electricity 416 villages in Southern Shan State”.
Later, Deputy Minister U Maung Maung Win explained the loan amount of US$200 million for Development Policy Operations (DPO) from the World Bank.” The Speaker concluded by announcing Hluttaw representatives wishing to discuss the case can register in the waiting list. —Myanmar News Agency


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