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Interview

U Kyaw Kyaw Win, Chairman, New Star Light Group: Interview
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Interview:U Kyaw Kyaw Win Which infrastructure projects could spur economic growth and support cross-border trade between Myanmar and China in Shan State? U KYAW KYAW WIN: The Shan State plays a central role in Myanmar-China commercial relations, with more than 80% of the trade between both nations taking place there. To handle the growing volume of commercial transactions, Myanmar needs to…
Interview

U Win Aung, Chairman, Dagon Group of Companies: Interview
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Interview:U Win Aung, Chairman What can be done to improve the efficiency of Myanmar’s supply chain of agricultural products? U WIN AUNG: Around 70% of the population is still directly or indirectly involved in agriculture, meaning that most of the country’s household income comes from the sector. Given its relevance to Myanmar’s economy, agriculture has to be a political and investment…
Interview

U Thant Sin Maung, Union Minister, Ministry of Transport and Communications: Interview
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Interview:U Thant Sin Maung What measures should be adopted to attract more foreign investment in transport infrastructure? U THANT SIN MAUNG: Private participation has been allowed in the port sector since 1995. Currently, 90% of the port terminals at Port of Yangon are being operated by foreign and local private companies. As for the aviation sector, the international airports of Yangon and…
Interview

U Khin Maung Aye, Chairman, Lat War: Interview
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Interview:U Khin Maung Aye How do you predict demand for the development of new industrial parks will evolve? U KHIN MAUNG AYE: Contrary to the current state of residential and office markets, the industrial property market offers interesting growth prospects. Over the last few years we have seen growing interest from foreign investors to come set up their manufacturing units and take advantage…
Interview

U Khin Maung Cho, Minister of Industry: Interview
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Interview:U Khin Maung Cho How is the government addressing the main challenges to industrial development? U KHIN MAUNG CHO: Industrial development still faces many interconnected challenges that curtail the competitiveness and productivity of our manufacturing sector. Those challenges are identified in the government’s industrial plan, which is aligned with the National League for Democracy’s…
Interview

Daw Marlar Win, Chairperson, UMG Myanmar: Interview
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Interview:Daw Marlar Win How can the government address the trade deficit? DAW MARLAR WIN: Since the beginning of Myanmar’s democratic transition and political overture, the economy has changed a lot. Several trade barriers were removed, which led to a large influx of foreign investment and new consumer products. Given the low stage of development of the local industrial sector, the opening…
Interview

Gerhard Hartzenberg, Managing Director, New Holland Agriculture: Interview
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Interview:Gerhard Hartzenberg With the introduction of modern farming techniques, what role do you expect Myanmar to play in Asia’s future food security? GERHARD HARTZENBERG: Looking at the current structure of Myanmar’s economy, agriculture is one of the most promising sectors for both domestic and foreign investors. The country has extremely fertile land, which allows farmers to grow…
Interview

Takeshi Minakata, Managing Director, Myanmar Brewery: Interview
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Interview:Takeshi Minakata What are the main challenges for the growth prospects of the beverage industry? TAKESHI MINAKATA: Since the transition towards democratic rule, Myanmar has become a much more competitive market with new players entering the country. In recent years the beer market has registered growth rates of 7%, with canned products becoming an increasingly valuable product category…
Interview

U La Min Win, Managing Director, Valentis Services: Interview
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Interview:U La Min Win What steps should be taken to address the information gap on Myanmar’s geological potential? U LA MIN WIN: Although there are a handful of world-class deposits, most of the country is underexplored. To bridge this gap, more regional-scale exploration activities could be funded privately or by the government, to provide information to investors. In addition, the Ministry…
Interview

U Pho Kaung, Rector, University of Yangon: Interview
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Interview:U Pho Kaung How can more investment in education enhance economic competitiveness? U PHO KAUNG: Improving the economy’s overall competitiveness through investment in education is very important for long-term national development. The focus on reforming Myanmar’s education system should be in three critical areas: better governance and management; improvements in quality and relevance…