Sagaing Regional Government will issue more permits to businesses in quarry industry in order to increase regional government’s revenue

The Sagaing Region government will generate more income for development work if it starts issuing more permits to businesses engaged in quarry industry for construction purposes, said U Kyaw Tin, the chairman of the Construction Stone Sellers’ Association, Sagaing Region.
“Although the association has been registered since 2018, only 20 per cent of the entrepreneurs are operating with an official license. Therefore, the regional government is losing revenue and thus, earning much less than it should be. So, the government must issue business licenses to those who have already applied for it,” said U Kyaw Tin.
There are 319 businesses carrying out quarry on 691 acres in Monywa, Sagaing, Yinmabin, Kalay, Kanbalu, Katha, Shwebo, Tamu, Mawlaik, and Khamti districts in Sagaing Region. Of them, only 72 have obtained official licenses, while the remaining have submitted their applications.
“If we are granted official licenses, we will have to follow environment conservation rules and regulations, and we would be able to create job opportunities for local people officially,” said U Kyaw Tin.
The Sagaing Region Construction Stone Sellers’ Association received a license from the regional Directorate of Investment and Company Administration on 27 April, 2018. — Myo Win Tun (Monywa)

(The Global New Light of Myanmar: http://www.globalnewlightofmyanmar.com/issuing-more-quarry-licenses-will-help-govt-increase-revenue-trade-body/ )

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