City Mart Holdings and Sandanila Investments have announced the establishment of the City Invest Fund. The fund will invest in SME enterprise food manufacturers, according to a report. The primary motivation of the fund is to increase the quality and quantity of food retail products in Myanmar. “The City Invest Fund will provide financing and along with this funding we aim to provide technical assistance, capacity building, [and] marketing strategies for wider market access and training to improve production quality and standards,” Daw Htet Htet Khaing, City Mart Business Development Manager was quoted as saying. Daw Win Win Tint, CEO of City Mart, and Daw Thiri Thant Mon, managing partner of Sandanila will oversee the fund.
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