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Eco-Innovation Capacity: ASEM Eco-Innovation Capacity Building Program 2018 Launched

9 August 2018

The Ministry of Industry and Korea's ASEIC launched the ASEM Eco-Innovation Capacity Building Program 2018 on Thursday.

A 2-year term of Memorandum of Understanding was signed under the Program. The MoU is to promote SMEs sector in Myanmar by helping entrepreneurs get knowledge on economics and practice. The Program includes Eco-Labeling, Clean Tech, Waste Management and Environmental Management training and many others.

Secretary General, ASEM SMEs Eco-Innovation Center, Sejong Kim said “Today, people around the world have much interest in environmental issue and been working to save the Environment. ASEIC wants to share knowledge about environmental issues in Korea with Myanmar’s SMEs entrepreneurs. We had discussions and meetings with Ministry of Industry for this program since last year. We expect this MOU will help Myanmar’s SMEs sector development.”

ASEM Eco-Innovation Capacity Building Program 2018 launching in Yangon took place along with a workshop. The workshop focused on a series of matters including Waste Management and Environmental Management Training.

Director General, Directorate of Industrial Supervision and Inspection, Aye Aye Win said “This is mainly to help SMEs entrepreneurs achieve eco-management innovation. The workshop also covered effective energy management at worksite, clean tech, Waste management and energy management tools. Such a workshop like this can help the SMEs entrepreneurs get knowledge and benefits.”

Eco-innovation is the development of products and processes that contribute to sustainable development, applying the commercial application of knowledge. It includes a range of ideas, from environmentally friendly technological advances to socially acceptable innovative paths.