Investments invited to enter Sagaing’s agriculture, livestock and industrial sectors
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Khit / Phoo Pyae (NP News) - Dec 21
Sagaing Region Chief Minister Myat Kyaw invited businesses to invest in the agriculture sector, farming, and industrial zones in #Sagaing Region.
He made the invitation at the meeting held by the Investment Committee on December 20.
Region Investment Committee extended the business construction period in accord with the procedures and provided 5 million dollars or 6 billion kyats of capital for investment business.
The development of #MSMEs needs to be emphasized as the main priority to develop in order to improve the economic development of the country and the socio-economic life of the people.
“The investment committee shall carry out to get investment and to improve for micro, small and medium industries,” the minister said.
Sagaing region locates at the center connecting India, China as the economic corridor between India and China, as well as situated on the Tamu-Mandalay-Muse route.
Sagaing has many land areas to conduct cultivation, plantations and agricultural businesses with proper transportation routes with the availability of labours. Authorities have prepared to develop vacant, fallow, and virgin lands for potential investors.