UNION Minister for Investment and For-eign  Economic  Relations  and  Myanmar  Investment  Commission  Chairman,  U  Thaung  Tun  provided  a  comprehensive  update  on  recent  reforms  to  Myanmar’s  investment environment via a video mes-sage to the high-level virtual event jointly organized by the ASEAN-Japan Centre and the Myanmar Embassy in Tokyo, supported by  the  Myanmar  Ministry  of  Investment  and Foreign Economic Relations (MIFER) and  the  Japan  International  Cooperation  Agency (JICA).

Mr  Masataka  Fujita,  ASEAN-Japan  Centre  Secretary-General  launched  the  event with welcoming remarks.

U Soe Han, Myanmar’s Ambassador to Japan then delivered a keynote speech during which the Ambassador noted that Myanmar’s natural environment has huge potential for the production of agriculture and fisheries. He added that as more  than  70%  of  the country’s  population  live  in  rural  areas  and  engage  in  the  agricul-tural  sector, it would be advantageous  for investors to invest in agriculture.

The Union Minister said in his message to the Webinar a comprehensive overview of recent reforms undertaken to improve My-anmar’s investment environment, including an analysis of new investment opportunities made  possible  by  Myanmar’s  signing  of  the  Regional  Comprehensive  Economic  Partnership (RCEP) last month.

The  Union  Minister  highlighted  the mportant  contribution  Japan  has  been  making  to  our  nation’s  development  ef-forts – from infrastructure to industry, from transport to tourism, from energy to envi-ronmental sustainability.

He  welcomed  Japan’s  commitment  to  the  development  of  the  Dawei  Special  Economic  Zone.  He  also  informed  the  meeting of Myanmar’s intention to set- up a  Special  Economic  Zone  in  Mon  State,  pointing  out  the  strategic  location  of  the  state  in  the  Greater  Mekong  East-West  Economic Corridors.

Mr Noriji Sakakura, Chief Represent-ative  of  Japan  International  Cooperation  Agency (JICA) presented Japan’s projects on  technical  cooperation,  economic  re-forms, financial support and loan assistance in Myanmar. U Sett Aung, Deputy Minister of Planning, Finance, and Industry, and U Aung  Naing  Oo,  Permanent  Secretary  of  MIFER responded to questions posed by the  participants.  It  is  learnt  that  over  380  local  and  foreign  participants  including  senior officials from MIFER and the Japan International Cooperation Agency (JICA) took part in the event.

MNA

Photo:MNA

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