Rakhine State Gov't invite investments through support

Rakhine State Gov’t offers assistance to attract investors

Rakhine State Chief Minister U Nyi Pu has offered the regional government’s assistance to potential investors to promote investments, according to an article in state-owned the Global New Light of Myanmar. The regional government is inviting investment for the development of the State. U Nyi Pu, in his capacity as the Chairman of the Investment Committee, (RSIC), said the Rakhine State Government is inviting investments for the development of the state. RSIC will have oversight on the operations and developments of the companies in accord with the agreements that are applicable to the State. He also stressed the importance of granting permits to further companies which are in accordance with the rules and regulations. U Nyi Pu and committee members gave investment permits to three local companies. Su Htoo San Co.,Ltd, U Soe Khant and Family Co.,Ltd, and Shwe Hlyan Phyo Co.,Ltd received endorsement from RSIC.

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