THE MGDN solvent extraction and oil refinery plant in Dagon Myothit (Seikkan) Township will contribute to the domestic needs of edible oil and regional economic development. Under the guidance of the Yangon Region Government, the MGND Solvent Extraction & Refinery Plant operated by Mandalay Global Network Distribution Co Ltd (MGND) for producing rice bran oil was opened on 19 March in Dagon Myothit (Seikkan) Township.

Yangon Region Chief Minister U Soe Thein delivered a remark that this is a crucial basic industry for Myanmar’s edible oil sufficiency and the integration of agricultural and industrial development. Producing high-quality edible oil and value-added by-products from oil-bearing crops, including rice bran, would help boost gross domestic product and contribute to regional eco nomic development and employment. First, the opening ceremony of the solvent extraction and oil refinery plant was inaugurated by cutting the ceremonial ribbon and by pressing the button to unveil the plant signboard by Yangon Region Chief Minister U Soe Thein, Yangon Command Commander Brig-Gen Tin Min Latt, Yangon Region Minister for Development Affairs U Bo Htay, Minister for Economic Affairs U Myo Myint Aung, Minister for Natural Resources U Zaw Win, and CEO of MGND U Tun Tun Win, officially opened the plant, followed by officials sprinkling scented water. The chief minister also presented honorariums to the entertainment troupe.

A team led by the chief minister looked around the plant and observed the stages of crude oil production and oil refining operations. MGND CEO U Tun Tun Win gave a PowerPoint presentation explaining details about the plant during the briefing session. —NN/KK

#TheGlobalNewLightOfMyanmar