Jan 25, 2013

Myanmar urges small firms to invest

Myanmar is eager to receive direct investment from small and medium-sized enterprises from Japan instead of just waiting for major corporations to invest, said the chief political adviser to Myanmar President Thein Sein.

“What we need is the quick doers who will make business (with) their very rapid decisions, and these are the SMEs,” Ko Ko Hlaing said recently in Yangon.

He said that while major corporations usually take time to conduct surveys and market analysis before entering a new market, SMEs can act quickly.

“So if we can persuade, if we can induce these people by explaining our real situation, and if they are interested in our country to invest, I think it will be more effective than persuading mega-corporations,” he said.

“It is very important for Myanmar to induce foreign direct investment because our country lived in a long time of isolation,” Ko Ko Hlaing added.

Source: The Japan Times

4 comments:

Anonymous said...

If you are going for bеst contentѕ like I do, ϳuѕt ρay
a quicκ visit thiѕ website all the time as it gives
feature contents, thanks
Feel free to surf my blog : virginia water damage restoration

Anonymous said...

Sωeet blog! Ι founԁ it while ѕearchіng on Yahοo Nеωs.

Do уou haѵe any suggestions on how to get listed
in Yаhoo News? I've been trying for a while but I never seem to get there! Thank you
Here is my blog - water damage repair atlanta

Mike said...

Yes, small business is the key to develop the country, big, national businesses usually go into debts after few years of profitable business operations so relying only on big companies is not the key.

I know from Grand Waktu organization that it is worth to invest in Myanmar as they serve a lot of Finnish and other EU investments already.

God bless all Myanmars!

Margaret Chan said...

Singapore Myanmar Capital Limited, a company under the Nayani Win group of companies, is one of the pioneering companies to invest in Myanmar. We have wealth of experience, skills, knowledge, network and analytic capabilities to pinpoint the right investment opportunities in Myanmar.We constantly introduce quality products, services, and investments. All our products carry the Singa Myanmar quality seal. Do browse our website for details on our products & services.
http://www.sgmyanmar.com.sg

Post a Comment

 
Copyright