MSME Development: 2-Day Workshop On Yangon Region MSME Action Plan

13 November 2019
2019-11-13 16:50

Central MSME Agency and MSME Agency Yangon Region meeting was held in Yangon in conjunction with MSME Action Plan Workshop on Wednesday.

Yangon Region Chief Minister U Phyo Min Thein delivered an opening speech at the meeting which was also attended by Deputy Minister for Commerce U Aung Htoo, officials and representatives.

The workshop focuses on implementation of MSME Action Plan in Yangon Region where most of the SMEs of the country are operating.

The MSME Action Plans have been drafted for  13 Regions and States, and it needs to draft for Yangon and Sagaing Regions.

Deputy Minister, Ministry of Commerce, Aung Htoo said “We established the Central MSME Agency as well as Region and State MSME Agencies which were led by the related regional Ministers to implement the MSME action plans at the same time. This event is a workshop to draw MSME Action Plans for Yangon Region. Yangon is very important to develop MSME as most of small, medium and large enterprises are located in Yangon.”

Officials and representatives discussed the issues for Yangon Region MSME Action Plan including legislation, productivity, innovation and market access at the two-day workshop which will be held until 14th November.

CEO, PS Business School, Myo Min said “We have discussed the roles of SME at the meeting and to implement the SME Action Plans as much as we can. We have 8 headlines to discuss concerned with related fields and mainly discussed on policy, access to finance and market. And there is no Ministry for SME in our country at the moment. Ministry for SME must be needed as 99.9 % of enterprises in Myanmar are SME. Currently, four Ministries are working together for SME, and that’s why, we have some gaps.”  

Meanwhile, the Central MSME Agency has been organizing Trade Fairs and Exhibitions, awarding National MSME Awards, contributing the technologies and business matching to develop Myanmar MSME. The agency also conducts qualification training for micro, small and medium enterprises and staffs, and provides key support services such as consulting services annually.

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