Thai investors urged to invest in Myanmar's state enterprises
The Federation of Thai Industries (FTI) has organised a business matching event for Thai entrepreneurs interested in investing in Myanmar’s state enterprises.
Bangkok (NNT/VNA)- The Federation of Thai Industries (FTI) has organised a business matchingevent for Thai entrepreneurs interested in investing in Myanmar’s stateenterprises.
FTI President JaneNamchaisiri said on August 23 that Myanmar offers investment opportunities forThai investors not only in major cities like Naypyidaw, Yangon, Madalay andMyeik but also those located along the border which are also worthconsidering.
He claimed investingin the border cities of Myanmar could mean the possibility of businessexpansion by Myanmar’s neighboring countries. Union Minister for Industry ofMyanmar, U Khun Maung Cho was also invited to speak about a gateway toinvestment and state enterprise partnership opportunities in his country.
The FTI Presidentfurther added that investment laws in Myanmar are more open to foreigninvestors as they can now own up to 30 percent of a company’s shares instead ofjust one as in the past.
He urged Thai businessmen to research more and approach those who are familiarwith the process of investing in Myanmar, to help them get started. -VNA
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FTI President Jane Namchaisiri (Source: NNT)
