Vice pres­i­dent calls on China for as­sis­tance and in­vest­ments

The Myanmar Times - - Business - CHAN MYA HTWE chan­myahtwe@mm­

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

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