Thai investors urged to invest in Myanmar's state enterprises
The Federation of Thai Industries (FTI) has organised a business matching event for Thai entrepreneurs interested in investing in Myanmar’s state enterprises.
FTI President Jane Namchaisiri (Source: NNT)Bangkok (NNT/VNA)
- The Federation of Thai Industries (FTI) has organised a business matching
event for Thai entrepreneurs interested in investing in Myanmar’s state
enterprises.
FTI President Jane Namchaisiri said on August 23 that Myanmar offers investment opportunities for Thai investors not only in major cities like Naypyidaw, Yangon, Madalay and Myeik but also those located along the border which are also worth considering.
He claimed investing in the border cities of Myanmar could mean the possibility of business expansion by Myanmar’s neighboring countries. Union Minister for Industry of Myanmar, U Khun Maung Cho was also invited to speak about a gateway to investment and state enterprise partnership opportunities in his country.
The FTI President further added that investment laws in Myanmar are more open to foreign investors as they can now own up to 30 percent of a company’s shares instead of just one as in the past.
He urged Thai businessmen to research more and approach those who are familiar with the process of investing in Myanmar, to help them get started. -VNA
FTI President Jane Namchaisiri said on August 23 that Myanmar offers investment opportunities for Thai investors not only in major cities like Naypyidaw, Yangon, Madalay and Myeik but also those located along the border which are also worth considering.
He claimed investing in the border cities of Myanmar could mean the possibility of business expansion by Myanmar’s neighboring countries. Union Minister for Industry of Myanmar, U Khun Maung Cho was also invited to speak about a gateway to investment and state enterprise partnership opportunities in his country.
The FTI President further added that investment laws in Myanmar are more open to foreign investors as they can now own up to 30 percent of a company’s shares instead of just one as in the past.
He urged Thai businessmen to research more and approach those who are familiar with the process of investing in Myanmar, to help them get started. -VNA
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