PRIME Minister U Nyo Saw, who chairs the Industry and Industrial Zone Development Central Committee, delivered a speech at the Central Committee meeting 1/2025 yesterday at the Ministry of Industry.
Speaking on the occasion, the Prime Minister said: Myanmar possesses abundant natural resources as well as young human resources. As different forms of economies are changing in the world, Myanmar needs to strive for the production of value-added products from agricultural raw materials.
As production is pivotal in the development of the State, governments in successive eras have been striving to enhance the productivity of the State and develop the industrial sector. Currently, the government is encouraging the industrial sector in accord with the motto: Let us encourage production for the prosperity of the Nation.
It is necessary to assist in setting the standards and quality of domestically produced goods by encouraging the use of modern technology for boosting production, supporting functions of quality control, research and innovation. Moreover, emphasis must be placed on the development of human resources by improving the vocational education system, conducting on-the-job capacity building courses, ensuring worksite safety for workers, and granting suitable salaries and wages for workers as part of enhancing the working spirit and productivity of workers.
A total of 28 industrial zones and five industrial wards are being operated, while two industrial zones are underway across the nation. Upgrading industrial zones aims to develop the industrial sector of the State. The State and relevant organizations have to make utmost efforts for the implementation of policies supporting the promotion of productivity, and creation of investment opportunities and market linkages.
As it is necessary to prioritize greening in the establishment of industrial zones and treatment of wastes, industrial zones and industrial entrepreneurs have to strictly abide by laws, rules, orders and directives not to harm the environment.
The production sector of the State depends on the development of industrial zones. It is important for the systematic implementation of new industrial zones and the improvement of already-established industrial zones. Relevant region and state governments have to supervise the emergence of advanced industrial zones.
The member of the Central Committee who is the deputy minister for Finance and Revenue read the letters. The Union Minister for Industry explained the history of industrial zones in Myanmar, the formation of committees, and efforts to develop the industries. Union ministers, who are also central committee members, and deputy ministers reported on their sectors to successfully undertake the industrial development under the provisions of the industrial zone law and rules.
The meeting ended with remarks and coordination by the Prime Minister. The meeting was also attended by Union ministers, deputy ministers, departmental heads and officials.
MNA/TTA
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