Thursday, February 9, 2012

Businesses Invited To Seek Investment Opportunities At Myanmar Business Conference 2012 - Bernama

February 08, 2012 18:32 PM

Businesses Invited To Seek Investment Opportunities At Myanmar Business Conference 2012

SINGAPORE, Feb 8 (Bernama) -- Myanmar's new pro-development economic policies provide new hope for many businesses facing daunting news of a world economic slowdown.

But from May 15-19 this year, the 5th Myanmar Business Conference 2012 in Yangon, will provide a rare opportunity for foreign businesses to be briefed on the country's new pro-business policies and its need of products and services.

Hosted by the Myanmar Ministry of National Planning & Economic Development, officials from various Ministries will interact and assist foreign delegates to gain a better understanding of Myanmar's New Master Plan for Economic Growth over the next five years.

The organiser of the event from Singapore, Foreign Recruitment Centre Pte Ltd said: "This is an unprecedented opportunity to visit Myanmar to learn from officials and also network with Myanmarese businessmen, including members of the Union of Myanmar Federation of Chambers of Commerce & Industries with over 20,000 members companies."

Foreign Recruitment Centre Pte Ltd managing director, William Tan, who has spent more than 17 years visiting Myanmar on a regular basis said many foreign companies are searching for a less expensive location to expand or relocate their production base.

"Myanmar is one of the options manufacturers are considering.

"Companies which participated in the development of countries such as China and Vietnam which opened their doors to the outside world in the 80's and 90's, will appreciate the potential and opportunities Myanmar is about to unleash.

"Myanmar is ready to upgrade everything, including infrastructure and technology, and therefore the potential is not to be missed by forward looking companies," he added, when announcing the 5th Myanmar Business Conference 2012 here today.

He said the conference will be held in Yangon and Naypyitaw.

Myanmar's economic growth for 2012 is projected to be a remarkable 8.8 per cent.

Meanwhile, hotels in Yangon are already overbooked, flights always full and downtown F& B outlets are servicing more foreign diners.

Details of the 5th Myanmar Business Conference 2012 are available on major search engines such as Google, Yahoo and Bing.

More details are available at www.myanmarbusinessconference.com

-- BERNAMA

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