7 February 2023
Chairman of State Administration Council Senior General Min Aung Hlaing discussed regional and economic development undertakings.
He met district and township departmental officials and MSME entrepreneurs in the town hall in Pathein this morning.
The Senior General Min Aung Hlaing said that the government is encouraging micro, small and medium scale enterprises for economic development of the State. Some 70 per cent of the population reside in rural area whereas 30 per cent live in urban area.
The State is giving encouragement to ensure development of human resources and better education. As Ayeyawady Region has already had basic raw materials needed for commodity production enterprises, the regional economy will grow more if efforts are made for development of commodity production enterprises in the region.
In implementing One Region One Product initiative, it is necessary to eye not only the domestic market but overseas market. All the citizens are to be experienced and knowledgeable with a global perspective in taking measures for the nation’s economy and work together.
As investment loans will be disbursed at the lowest rate to operate commodity production enterprises, the loans should be used profitably. There is a need to do studies for acquiring technology for MSMEs.
The government is carrying out betterment of roads and bridges across the nation in order to ensure smooth and swift flow of commodities and to develop the State economy. Arrangements will be made to upgrade Pathein Airport for improvement of tourism industry and socioeconomic development of local people, said the Senior General.
A plan is underway to build the port in Ngaputaw to admit docking of oceanliners so as to development the region and attract the travellers. So, it is necessary to upgrade the regional facilities and domestic products to be able to charm the hearts of travellers, he added.
