Yangon regional government strives to make Yangon the centre of investment in Southeast Asia

Yangon Region will try to become a centre of investment in Asia, according to a press conference on organising Yangon Investment Forum 2018 held at Cooperative Business Centre on May 2.

“Yangon is a strategic place in Southeast Asia. Investors who want to reap profits from Myanmar, Southeast Asia, China and India need to know investment and economic opportunities of Myanmar. Yangon City is the most suitable place for investment,” a statement quoted Yangon Region Chief Minister Phyo Min Thein.

He said his government would try to make Yangon a commercial hub by making best use of its advantages such as strong infrastructure and links with other cities.

“For the year 2018, I have only two ambitions—a clean city governed by rule of law and an economically vibrant city. We will be working on realising these two aims,” said the chief minister.

He added that lots of opportunities would be created so foreign investors can work in Yangon Region,

Yangon Investment Forum 2018 will be held on May 9 to explain the investment law and procedures and taxation to international investors.  

(Eleven Media Group: http://www.elevenmyanmar.com/business/13853 )

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