Myanmar Allows More Asian Firms to Produce Wood Products and Foodstuff

Firms from Thailand, Hong Kong, India and Singapore will make a joint effort with their Myanmar counterparts to produce advanced wood products and foodstuffs in accordance with the Foreign Investment Law, reports say.

The production processes will be implemented in Dagon Seikkan and Hlaingthayar industrial
zones in Yangon Region, and in Katha Township of Sagaing Region. Myanmar Investment Commission meeting approved operations by those industries subject to comments and approvals by the respective regional government bodies, ministries and organisations.(more)