MT News
Chairman of the State Administration Council Prime Minister Senior General Min Aung Hlaing met with industrial zone committee chairmen and members of various industrial zones in Yangon Region and MSME entrepreneurs at Kanaung Hall of Hlinethaya Industrial Zone and discussed industrial development this afternoon.
The attendees reported to the Senior General on on industrial operations in the zone, manufacturing of goods from the factories, the need for full electricity supply for better operations, the need for getting import permits quickly in importing industrial raw materials and spare parts for import substitute, and the need for the State to purchase high-tech products locally manufactured.
The Senior General said MSMEs are being encouraged to focus on local manufacturing for national economic development. Manufacturing relies on the availability of raw materials. There will be trade activities only if there is production. Raw materials can be acquired from agricultural and livestock breeding businesses. Textile requires raw cotton. A person needs to wear clothes from the cradle to the grave. Cotton produced from the country is still low in quality. Encouragement is being given for production of long staple cotton. Only high-quality textile can produce high-quality clothing. The target has been set to produce enough and export surplus.
In order to obtain sufficient electricity in the country, hydroelectric and solar power generations are being implemented. During the previous two terms of the democratic government, some hydroelectric power generation projects across the country were delayed, suspended and cancelled. Now, our government is re-implementing the hydroelectric power generation projects. In the same way, efforts are being made to implement solar power generation as well as wind power generation. It will be very beneficial if the factory workers can run their business using solar energy production, he said.
The Senior General said: “We need to focus on manufacturing activities that use domestically produced industrial raw materials. There is a lot of plastic usage in our country, so we need to reduce it. Tires needed for vehicles cannot be produced locally, so we have to import them from abroad every year. If the rubber-based tire manufacturing activities are carried out, the state will encourage and assist them. Similarly, by using bamboo and forest products, it is possible to produce soft paper we needed. Using agricultural products, forest products and natural resources produced in the country, if the foreign imports needed by the country can be produced at a high level, it will bring many benefits to the country.”
