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April 19, 2019

U Thanug Tun visits Adidas Shoe Factory in Thar Du Kan Industrial Zone

Union Minister U Thaung Tun visits Adidas Shoe Factory in Thar Du Kan Industrial Zone, Shwepyitha Township, Yangon yesterday. Photo: MNA
Union Minister U Thaung Tun visits Adidas Shoe Factory in Thar Du Kan Industrial Zone, Shwepyitha Township, Yangon yesterday. Photo: MNA

Union Minister for Investment and Foreign Economic Relations U Thaung Tun, accompanied by members of the Myanmar Investment Commission (MIC), visited, yesterday, the Myanmar Pou Chen Factory in Thar Du Kan Industrial Zone, Shwepyitha Township, Yangon Region.
The Myanmar Pou Chen, with the approval from the MIC, made the 100 per cent investment in Adidas Shoe Factory in Myanmar. With a number of over 5,000 workers, the factory has exported over five million pairs of shoes yearly.
First, the Myanmar Pou Chen Factory Managing Director Mr. Ou, Chin-Nan explained about the factory background to the Union Ministers and party. In his remarks at the factory, Union Minister U Thaung Tun said that the MIC was striving to draw the foreign and local investors, especially accountable investments in Myanmar. We were glad that a total of more than 5,000 employment opportunities had been created, and which could set a good example for the investments.
Also, it was found out that emphasis has been placed for the welfare of the factory staff while making a good working environment. As for the foreign and local investors, it was the best time to set up their business enterprises and implementation would be made to encourage their investments. Following this, Union Minister U Thaung Tun and party observed the compound of the factory and coordinated the operation of the factory.—MNA (Translated by Win Ko Ko Aung)

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