With the aims to develop investments through the connection between domestic and foreign businesses and to promote MSMEs in Mandalay region, opening ceremony of Mandalay International Trade Fair and Investment Forum 2023 was held at Mandalay Convention Center on 20 December.
At the forum, the Union Ministers, Region Chief Minister and party conducted the activities as follows:
- Union Minister Dr. Kan Zaw added that getting involvement of MSMEs in the production chains of investment will likely enhance domestic production.
- Next, Union Minister U Tun Ohn said that meeting local and foreign business persons because of International Trade Fairs jointly organized by Government and Private sector could enhance the domestic production, and support the export sector development.
- It is also needed to be able to participate in the International Trade Fairs by the local manufacturers and entrepreneurs.
- After that, the MOUs were signed for the Investments in Mandalay region.
Union Minister for Investment and Foreign Economic Relations Dr. Kan Zaw, Union Minister for Commerce U Tun Ohn and Mandalay Region Chief Minister U Myo Aung, Region Government Ministers, Diplomats from Foreign Embassies, Chiarmen of UMFCCI and MRCCI, representatives from Yunna, Dehong, Hunan Chambers of Commerce, departmental officials and business persons attended the occasion, it is reported.
Source: The Global New Light of Myanmar (21-12-2023)
- There are many potential to enhance domestic production while MSMEs are getting involved in the production chains of investment.
- It is also needed to be able to participate in the International Trade Fairs by the local manufacturers and entrepreneurs.