Local and foreign businesspersons attending the Rakhine State Investment Fair on Ngapali Beach, Thandwe Township in Rakhine State, conducted study tours to new beach sites developed at Thandwe Township, Ngapali Beach and Gwa Township as well as aquatic works and cold storages.
During the study tour a prawn cold storage and a fishing village in Thandwe Township; a prawn hatchery in Gwa Township; new beach sites developed in Maung Shwelay, Mawyone and Kanthaya and hotel zone projects were visited.
Commenting on the study tour, Rakhine State Investment and Company Administration director Dr. Htoo Min Thein said, “After viewing first-hand the potentials for investment and locations where works can be conducted in Rakhine State, business persons and investors can make decisions. They can also considering upgrading the present works.”
According to Rakhine State Investment and Company Administration at the present Singapore, South Korea, China and India were doing the most investment in Rakhine State and the majority was in the energy sector.
Rakhine State Investment Fair was conducted with an aims to create investment opportunities and connect local businesses with local and foreign investor for economic development of Rakhine State and was conducted with the support of Myanmar Investment Commission, Japan International Cooperation Agency (JICA), Japan External Trade Organization (JETRO), Myanmar Survey Research Co., Ltd. (MSR) and private sector companies led by Rakhine State Government.
Source: The Global New Light of Myanmar