French entrepreneurs met with their Myanmar counterparts at a business matching event organized at the headquarters of the Republic of the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI).

The French businessmen were led by Mr Francois Corbin, President of the French-Myanmar Business Council and ASEAN Committee for MEDEF International. They were accompanied by the French ambassador to Myanmar Mr. Christian Lechervy.

The French delegation included 20 entrepreneurs engaged in energy, water and sanitation, railway transportation services, infrastructure building, banking and microfinance services, gas, food, water transportation services, road transportation, and trading businesses.

Mr Christian Lechervy said the business matching event aimed to explore opportunities to link French entrepreneurs with their Myanmar counterparts, encourage interaction between private sector players, and promote opportunities through business relations.
As part of the programme, French entrepreneurs will also visit the Thilawa Special Economic Zone to explore potential investment opportunities.

In addition, vice president Dr. Maung Maung Lay spoke about the current economic climate and the investment and trade situation in Myanmar. Entrepreneurs from the two countries discussed potential investments and business opportunities. Between 1988 and December, 2019, 22 enterprises from France have brought in foreign direct investments of over $550 million into Myanmar.

Source: The Global New Light of Myanmar

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