Jul 2, 2012

Myanmar to host World Economic Asia Forum 2013

Next year’s World Economic Forum (WEF) on East Asia will be held in Myanmar, Klaus Schwab, the founder and executive chairman of the WEF, said after this year’s forum concluded in Bangkok and after he received an invitation by U Than Htay, Union Minister for Energy of Myanmar, which he finally acccepted.

U Than Htay offered organisers of the forum to choose a city to host the event. Most likely, the forum will be held in Yangon, while Myanmar officials reportedly would prefer the capital Naypyidaw.

The minister said the country’s facilities and infrastructure would be ready to host the WEF next year.

Myanmar was a major topic at this year’s regional WEF conference, which carried the theme “Shaping the Region’s Future through Connectivity”, not at least because of the participation of Myanmars opposition leader Aung San Suu Kyi.

The minister also said that reforms aimed to ensure basic public services, improved living standards, infrastructure and social equality for the public.

Schwab acknowledged that significant progress had been made in Myanmar, although he added that “much remained to be done.”

Myanmar is also scheduled to host the 2014 summit meeting of the Asian Association of Southeast Asia nations.

Source: Investvine