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The 4th International Education Fair Myanmar 2020

Date : June 20 & 21, 2020 Place : Sedona Hotel, Yangon, Myanmar Website : Go to website
  • International Education fair Myanmar 2020 - 9am to 5pm - June 20 & 21, 2020 - Sedona Hotel, Yangon, Myanmar

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ကနဦး ေငြေပးစရာမလို အဆင့္ျမင့္အိမ္ရာအခန္းေတြ ၁၄ ႏွစ္ အရစ္က်နဲ႔ ဝယ္ယူႏိုင္
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ကန္ထ႐ိုက္တိုက္မ်ား အတြက္ YESC မွထုတ္ျပန္ခ်က္၊ ၂
Posco International discovers new gas field in Myanmar
Opportunities for Renewable Energy in Vietnam and Myanmar

France keen to invest more in Myanmar, says official

France keen to invest more in Myanmar, says official

After a pause of eight years, France is going to expand existing investments and make new ones in Myanmar, a senior official of the Myanmar Federation of Chamber of Commerce and Industry (UMFCCI) has revealed.

“They have trust in Myanmar. As French organisations have learnt there are many prospects here, they are coming to invest in the country in sectors such as energy, railways, ports and others. Existing investments will be expanded and new ones will also be made,” said U Maung Maung Lay, vice chair of the UMFCCI.

U Maung Maung Lay was speaking on the sidelines of a France-Myanmar business matching event led by Mr Francois Corbin, chair of the France-based French-Myanmar Business Council and committee member of the ASEAN arm of MEDEF, the largest employer federation in France.

French Ambassador to Myanmar Mr Christian Lechervy was also present at the event held at the UMFCCI office on Monday.

The French business delegation included 20 representatives from companies involved in industries such as energy, water and waste management, rail transportation, infrastructure, finance, manufacturing, beverages, shipping and logistics, and trading.

Among the French companies represented at the event were Alstom, CMA CGM, Michelin, Razel-Bec, Thales, and Bpifrance Financement.

French Ambassador to Myanmar Mr Christian Lechervy said at the event that French businesses are eager to find partners in Myanmar for economic development that will benefit both countries.

Myanmar is at a stage in its development that offers huge opportunities for investments that will enhance trade and economic development, said UMFCCI President U Zaw Min Win.

U Zaw Min Win said that, since France is an advanced country with a mature industrial sector and a leader in science and technology, he would like to see more French businesses contributing to Myanmar’s development.

Eight years ago, France and Myanmar signed a memorandum of understanding to carry out economic cooperation between both countries. This is the second time a French delegation has visited the country since the signing of that agreement.

While Myanmar is facing global pressure due to the crisis in Rakhine State, business representatives and ambassadors from France, Belgium, the UK, and the US have met with the UMFCCI, said U Maung Maung Lay.

“Even as Myanmar is dealing with some internal issues, economic relations with other countries continues to develop,” he said.

Lechervy said the French businesses represented in the delegation are particularly interested in the Thilawa Special Economic Zone.

According to the Directorate of Investment and Company Administration, France ranks ninth out of Myanmar’s top-50 trade partners, and trade volume between the two countries reached US$551 million (K795 billion) last year. France invested some $469 million in Myanmar between 1988 and 2011.   – Translated

https://www.mmtimes.com/news/france-keen-invest-more-myanmar-says-official.html
Author: Myanmar Times - Business

Upcoming Activities

The 4th International Education Fair Myanmar 2020

Date : June 20 & 21, 2020
Place : Sedona Hotel, Yangon, Myanmar

The 4th International Education Fair Myanmar 2020

Date : June 23 & 24, 2020
Place : Hotel Mandalay, Mandalay, Myanmar

International Hospital & Healthcare 2020

Date : Oct 17 & 18, 2020
Place : Sedona Hotel, Yangon, Myanmar

Previous Activities

The 2nd Electricity & Energy Expo 2019

Date : November 29 - December 01, 2019
Place : Tatmadaw Hall, Yangon, Myanmar

Global Education Expo 2019

Date : September 27 & 29, 2019
Place : Tatmadaw Hall, Yangon, Myanmar

The 3rd International Education Fair Myanmar 2019

Date : July 02 & 03, 2019
Place : Hotel Mandalay, Mandalay, Myanmar