Business Opportunities: Meeting Between UMFCCI And MEDEFI

4 February 2020
2020-02-04 10:52

A business round table meeting between French Business Confederation (MEDEFi) and Myanmar Entrepreneurs took place in Yangon, Monday.

About 28 business entrepreneurs from 17 French organizations discussed the issues on trade, investment and other business matters from respective sectors with their counterparts from Myanmar at the meeting organized by UMFCCI.

Ambassador, Embassy of France to Myanmar, Christian Lechervy said “The business is primary question of interaction between private companies. That’s why the French Embassy undertake and support this kind of meeting to organize for eyes contact between the private sectors. At the same time, we institutionalized since 2012 the relationship between the chamber of commerce of Myanmar and French business organizations and the private sectors trust in the economy future of Myanmar. That’s why; we need to invest private contact.”

Myanmar has a lot of potentials to make investments because of its natural and huge human resources. So, it attracts to French entrepreneurs to invest here, according to the Vice President of UMFCCI.

Vice President, UMFCCI, Dr. Maung Maung Lay said “French business organizations are interested to invest in Myanmar because there are many natural resources and huge human resources. So, we mainly discussed cooperation in all sectors including construction, technology and banking. And MEDEF which is one of the largest business organizations in French singed MOU with UMFCCI about 8 years ago. So, I think – it will bring many benefits to our country.”

Chairman, ASEAN Committee of MEDEF International, Francois Corbin said “We are organizing this meeting with Chamber of Commerce of Myanmar and MEDEF international which is counterpart from French side. The reason delegation of 28 people coming from France offers the regions in order to better understanding and what’s happening in Myanmar in order to organize interaction. We counterpart here in Myanmar because we are optimistic about what can happen in future.”

The presentation on Current Situation and Trade and Investment Opportunities in Myanmar were also highlighted at the meeting.

Apart from business round table meeting with France, Myanmar entrepreneurs met with their business counterparts from Belgium to discuss investments and business opportunities.

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