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October 24, 2019

YGN cabinet notifies stalled privatized cinemas to start performing

Yangon Region Chief Minister U Phyo Min Thein held a meeting with private business owners yesterday concerning 11 cinemas that have yet to fulfill their part of the contract when they bought the state-owned cinemas from 1995 to 2013.

Yangon Region Chief Minister U Phyo Min Thein delivers the speech during the meeting with private business owners in Yangon yesterday. 
Photo: Tin Ko Win (MPDB)

The coordination meeting was held at the regional cabinet office and the Chief Minister first addressed the meeting. He said the Privatization Commission sold a total of 13 state-owned cinemas but only two have been remodelled into functioning modern digital cinemas. He said this meeting intends to listen to what plans the businesses that own the remaining 11 cinemas have in store to make the cinemas suitable for screening movies. He said the regional government is ready to provide necessary assistance but stressed the need for the cinema properties to be used for screening
films.
Next, the director of MoI’s Film Promotion Division, U Thein Naing, explained the national cinema status, developments for the film industry, cinemas sold by the Privatization Commission, and terms of the contract required to be fulfilled.
Following this, the owners of the 11 non-performing cinemas explained their current status and the Chief Minister said project proposals for rebuilding the cinemas should be submitted by November. He also urged cinema owners not present at the meeting to contact the department as soon as
possible.
With permission from the Privatization Commission, 94 state-owned cinemas were sold to private business owners between 1995 to 2013, with 13 cinemas located in Yangon Region.
Two of the cinemas were renovated into functioning digital cinemas within the past year, including Bayintnaung Cinema in Tamway Township and Shwe Yadanar Cinema in East Dagon Myothit Township, on 8th January 2018 and 1st March 2019 respectively.
The remaining 11 non-performing cinemas are Yadanarpon and Shwe Mann cinemas in Sangyaung Township, Su Htoo Pan, Bayint, Myoma and Shwe Gon cinemas in Kyauktada Township, Thida Cinema in Kyimyindine Township, Padethar Cinema in South Okkalapa Township, and Myint Cinema in Hmawbi Township.
Increased cooperation between the government and private businesses has increased the number of state-owned, privatized and self-owned cinemas equipped with digital systems to 68 cinemas, with 81 screens combined, in the Yangon Region. The nationwide number is currently 159 functioning cinemas with 182 screens combined. However, the number of cinemas and screens is still in high demand to keep up with the number of films produced.—Tin Ko Win (MPDB)
(Translated by Zaw Htet Oo)

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