Vice president calls on China for assistance and investments
VICE President U Myint Swe has urged officials from China’s Guangxi Zhuang Autonomous Region to help with investments into Myanmar’s special economic zones.
Following a meeting in Nanning this week, U Myint Swe said he was encouraged by Chinese investment in industrial parks to date, but hoped that more would come in the future as Myanmar seeks to build its export industries, like garment manufacturing.
“Please continue providing assistance to Myanmar. We will repay you for your debt of gratitude when we can stand on our own,” the vice president said in Nanning.
China is the largest foreign investor in Myanmar, accounting for about 37 percent of foreign investments, U Myint Swe said.
Chen Wu, chair of the People’s Government of the Guangxi Zhuang Autonomous Region, said his government saw several areas of opportunity for investment in Myanmar, including tourism and agriculture.
He added that both countries were enjoying a period of strong relations.
“Both the central government and our local government support Myanmar’s peace process,” he said.
– Translation by Zar Zar Soe