Investments in service sector: Hotel Construction Sites in Rakhine State inspected

Myanmar Investment Commission (MIC) is encouraging citizen and foreign investments in service sectors.

On 26th June, Union Minister for Investment and Foreign Economic Relations U Aung Naing Oo visited the hotel construction site in Sittwe Township of Rakhine State. The project has been undertaken with fully citizen investment by Inn Pauk Wa Co., Ltd,. The official briefed the current business operations and future investment plan. The Union Minister later inspected the construction site and coordinated and facilitated the requirements.

Then, the Union Minister proceeded to the land reclamation works, being implemented with the foreign investment by BXT International Co., Ltd,. He also heard reports on the current business activities and obstacles. The Union Minister coordinated and assisted the needs.