The Nay Pyi Taw Council Chairman met industrialists and entrepreneurs yesterday to develop industrial zones and businesses in Nay Pyi Taw Union Territory and help the current challenges in continuing businesses.

At the meeting, Nay Pyi Taw Council Chairman Dr Maung Maung Naing emphasized the high time to implement a national industrial development policy with the participation of the stakeholders from various fields for the development of the country’s industrial sector

He said it is necessary to review the current policies, laws, and regulations in the industrial sector as per the modern system for essential changes.

He stressed the need to check the current production situation of factories and encourage the modernization of production and management systems.

He pointed out to create a good business environment, review and improve the financial system, tax system, and logistic system to make the products competitive in the market and strive for market development.

He said there is a need for transparent organizations and regulations to support the development of the industrial sector.

Relevant Nay Pyi Taw-level departments and business persons must cooperate to find the most effective ways to grow their business by developing businesses with good market access potential, providing access to technology, and continued financial support.

After the meeting, the Nay Pyi Taw Council chairman and members inspected the Phang Hua Dairy Farm, the production process of dairy products and the breeding of dairy cows in Kangyi village, Tatkon township.

District IPRD

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